Tesco May Bid for Garden Centre in $474 Million Sale, Times Says
By Eduard Gismatullin -
2011-09-18T10:49:30Z
Tesco Plc (TSCO) may bid for Garden Centre Group, owner of Wyevale Garden Centres Plc, in a 300 million pound ($474 million) sale managed by Lloyds Banking Group Plc (LLOY), the Sunday Times reported, without saying where it got the information.
Tesco, which owns Dobbies Garden Centres, has registered its interest in the planned auction, the newspaper said. Several private equity firms may also take part in the sale, it said.
Trevor Datson, a spokesman at Tesco, declined to comment today when contacted by Bloomberg News.
To contact the reporter on this story: Eduard Gismatullin in London at egismatullin@bloomberg.net
To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net
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