Batipart, the holding vehicle of Charles Ruggieri, founder of Fonciere des Regions (FdR), is to mount a full bid for Paris-listed group Eurosic after acquiring a 19.5% stake in the company as part of an investment consortium. Batipart led the consortium that has acquired housing firm Nexity's and Banque Palatine's 32.1% and 20.1% stakes in Eurosic.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
