Green-fingered Sir Tom ups garden stake again
BILLIONAIRE entrepreneur Sir Tom Hunter has again increased his stake in Dobbies Garden Centres.
Sir Tom has spent 500,000 on new shares, taking his total holding to 3.02 million shares, or 29.16 per cent of the Lasswade-based garden centres chain.
The Ayrshire entrepreneur's West Coast Capital vehicle withdrew from an acrimonious battle to takeover Dobbies earlier this year, after Tesco made a 155.6 million cash offer to gain a 65.5 per cent share.
Since then Sir Tom, who owns rival chains Wyevale Garden Centres and Blooms, has signalled his intent by gradually increasing his stake in the group. His shareholding is now large enough to stop Tesco delisting Dobbies.
A spokesman for Sir Tom said: "Opportunity is in the eye of the beholder."
Email to a friend
Print this page- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron offers a deal to reject independence
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Scottish independence: David Cameron offers a deal to reject independence
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Sunday 19 February 2012
Today
Sunny
Temperature: 1 C to 5 C
Wind Speed: 14 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 8 C to 9 C
Wind Speed: 24 mph
Wind direction: South west
