Leading UK construction company John Laing has announced it has withdrawn support for a takeover bid by Henderson Global Investor in favour of a £957.5 mln (EUR 1.43 bn) cash offer by a subsidiary of German insurer Allianz. Henderson's bid in September valued John Laing at £887 mln (EUR 1.3 bn).
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
