
With about £135m raised out of a target £442m and time dragging on even the national newspapers are now speculating on the future of the remaining 115 Wyevale Garden Centres.
The Financial Times last week reported: "There have been several offers on the table, including from aggressive turnround specialists such as Alteri Investors, a unit of Apollo Global Management, according to people familiar with the matter.
"One person close to Terra Firma said so-called vulture funds were unlikely to prevail in the bidding, however, as breaking up the business and selling off the rest of its sites individually would recover more value."
Read the full Financial Times story here: https://www.ft.com/content/3661595a-ddc9-11e8-8f50-cbae5495d92b
What are your views on the future of the remaining Wyevale Garden Centres? Use the comments button below or e-mail: trevor.pfeiffer@tgcmc.co.uk