19th Apr 2016 11:52
LONDON (Alliance News) - Wyevale, the private equity-owned garden centre chain, is understood to have tabled a bid for Tesco PLC's Dobbies Garden Centres, Sky News reported.
Sources told Sky News investment bank Goldman Sachs has been drafted in to advise Wyevale, which is owned by Terra Firma Capital Partners, on a GBP175.0 million bid for Dobbies.
The move would create a garden centre chain with 175 sites, around six times the size of the next-largest operator.
http://news.sky.com/story/1681307/all-hands-on-deck-for-175m-dobbies-bid
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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