Nicolas Berggruen, the Karstadt department store chain owner, has teamed up with US group Blackstone to mount an improved offer for Metro's Kaufhof unit, according to a news report in German newspaper Frankfurter Allgemeine Zeitung.
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).
