Sir Tom Hunter agrees to HBOS share sale

Sir Tom Hunter, the Scottish businessman, has agreed to sell a large portion of his shares in Wyevale garden centre chain to the banking giant HBOS.

The move will reduce the heavy debts currently owed by the chain.

The deal means that the bank will own 45% of Wyevale's shares. According to The Times, it will also leave Sir Tom Hunter out of pocket.


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