Stockholm-based Catella has become the only institutional shareholder in IPM Informed Portfolio Management through the acquisition of just over 5% of the shares in IPM's Dutch holding company. In a press release, Catella said it intends to increase its ownership stake in the long term as part of its plans to expand its asset management business.
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).
