UK: Tesco sells off garden centre chain Dobbies for £217m
The buyers include Midlothian Capital Partners, a private investment group, and Hattington Capital, a London-based investor.
It was thought financier Guy Hands would buy the business to merge Wyevale Garden Centres with Dobbies.
Dave Lewis, Tesco’s chief executive, said: “We believe this agreement will give Dobbies a bright future, while allowing our UK retail business to focus on its core strengths.”
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