Russian real estate developer Etalon Group has set the price range for its initial public offering on the London Stock Exchange at $7 (EUR 5) to $9 (EUR 6.3), valuing the company at up to $2 bn. Etalon hopes the issue will raise up to $500 mln with a greenshoe option of up to $150 mln.
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).
