Essential reading for retailers and suppliers in the home improvement market

Hunter further increases his stake

Published: 20 June 2007
Tom Hunter’s West Coast Capital investment vehicle has taken its stake up to 21.4% by acquiring a further chunk of shares at 1800p a share.
It appears Sir Tom is keen to prevent Tesco from acquiring a share of Dobbies. Last week he bought 10% of Dobbies at 1750p a share, taking his consortium's holding to 20.6%.

Retail analyst Richard Ratner expressed surprise that Tesco hasn't yet raised its offer (1500p) as, 'were Hunter to get to 25%, he could frustrate the deal,' he said in a research note.

"The outcome remains extremely unclear," he added.

Comments


(Your email address will not be published)
3 + 8 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories