Interactive Strength Inc. (Nasdaq:TRNR) has announced that it has received formal regulatory approval from the UK Financial Conduct Authority $(FCA)$ for its acquisition of Wattbike, a UK-based indoor-performance bike business. This approval was a key requirement for finalizing the transaction, which is now expected to be completed in July 2025. The acquisition is anticipated to significantly expand Interactive Strength's presence in the global fitness market, particularly in the UK, and enhance its product offerings. The deal is structured as an all-stock transaction and is expected to be immediately accretive to TRNR's results, accelerating growth in key markets like the US and Germany.
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