Essential reading for retailers and suppliers in the home improvement market

Tesco extends offer deadline

Published: 19 July 2007
As expected, Tesco has extended the deadline for its cash offer to Dobbies Garden Centres shareholders.
The initial deadline for an offer of £15 a share expired yesterday, but the supermarket giant said that it has been extended and would remain open for acceptance until 1pm on August 8.

Tesco added that any further extensions to the offer would be announced by 8am on the day after the offer expires.

Tesco's bid to shareholders values the Edinburgh-based company at £156m. Last month it reduced the acceptance level to 50% of shares after rival for Dobbies, Sir Tom Hunter's West Coast Capital Group, gained 25.57% of the company's holding.

Comments


(Your email address will not be published)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

Latest reader comments

re: Carl Kammerling Fusion 2021 Trade Promotion – Filled with exciting new deals!

MIKE
GOOD AFTERNOON,WE USED TO DEAL WITH YOUR COMPANY MANY YEARS AGO, BUYING LARGE STOCKS OF DELETED AND RETURNS ITEMS.IF YOU HAVE ANY CLEARANCE ...

re: Toolbank

Bilal Ali
Hi Trust you are doing great. My name is Bilal Ali. I am the owner of Azaan International Ltd, a company specialized in products. We are ...

re: Woolworths staff reunited by new website

John Zullo
Hi I'm trying to find Lisa assistant manager of woolworths in the metro centre 1999 I only now her by her 1st and middle name Lisa Marie ...

re: Planning application submitted for new Homebase store in Abingdon

Gel
They closed their store last year!http://www.oxfordmail.co.uk/news/17570442.homebase-abingdon-starts-closing-sale/...

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...

Most read stories