Dobbies Grows As Hunter Gathers yet Another Stake ; Market Report

Daily MailJune 20, 2006

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Summary


DOBBIES is currently Sir Tom Hunter's favourite hobby. Shares of the AIM-listed Midlothian-based group of garden centres sprouted a gain of 221/2p to 8071/2p amid gossip that the Scottish serial investor and retail entrepreneur was once again stakebuilding as a prelude to a knockout cash bid.

Last week the shares bloomed on hearing that he had forked out a little over Pounds 2m on acquiring a 3.69pc shareholding via his investment vehicle West Coast Capital.

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Dobbies Grows As Hunter Gathers yet Another Stake ; Market Report

Speculation has intensified that it could be the next in green- fingered Hunter's grow bag after his consortium yesterday successfully completed the Pounds 311m acquisition of Wyevale,...

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