Tesco to sell Dobbies Garden Centres chain

Tesco Plc has agreed to sell its Dobbies Garden Centres chain for 217 million pounds ($309 million) as the U.K.’s biggest retailer continues to sell peripheral assets to focus on reviving its main supermarket business.

Dobbies, which operates 35 garden-center stores across Scotland, England and Northern Ireland, will be bought by an investor group led by Midlothian Capital Partners and Hattington Capital, Tesco said in a statement June 17.

Continue this article here.