Wyevale goes to a consortium

The garden centre operator Wyevale, the number one in the British market, is to be sold to the WCC Hortis consortium for £ 311 mio (€ 451.2 mio) after shareholders gave their consent to the takeover. Tom Hunter, a Scot, heads the consortium. The takeover is expected to be completed on 19 June, when Wyevale will cease to be listed on the stock exchange.