Wolfgang Urban, the former chief executive of collapsed retail group KarstadtQuelle has entered the race to take over German retailer Metro Group's Kaufhof department store chain, joining Austrian private real estate firm Signa, and billionaire Nicolas Berggruen.
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).
