Summary
TESCO has been forced to make a major change to its bid for Scottish garden centre chain Dobbies after Sir Tom Hunter bought enough of the company to prevent it from being taken private.
After the market closed last night, Hunter's investment vehicle, West Coast Capital, announced it held 25.57 per cent in Dobbies, having spend GBP 5.8 million yesterday buying shares.See the full content of this document
Extract
Hunter Forces Tesco to Shift Dobbies Goalposts
Tesco, the UK's largest retailer, launched a GBP 156m takeover bid this month, which came with the support of the board of Dobbies...
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