Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Terra Firma considers UK's Garden Centre Group sale-Bloomberg

Published 27/08/2014, 21:00
TERA
-

(Reuters) - Private equity firm Terra Firma Capital Partners (TERA.UL) is looking to sell the Garden Centre Group two years after buying the business, Bloomberg reported on Wednesday, citing people familiar with the matter.

Terra Firma has held talks with potential advisers about a sale or a public floatation, which could value the company at up to 700 million pounds, Bloomberg said. (http://bloom.bg/1pHSNTc)

A spokeswoman for Terra Firma declined to comment on the article.

The Garden Centre Group operates 129 sites throughout the UK and generates revenue through the sale of gardening and related products, revenue from on-site restaurants and lease income from sub-letting space to third-party retailers, according to Terra Firma's website.

($1 = 0.6032 British Pounds)

(Reporting by Karen Rebelo in Bangalore, editing by David Evans)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.