Listed London real estate developer Minerva has given its backing to a £202.6 mln (EUR 226 mln) takeover offer from a consortium led by Delancey and Area Property Partners. Under the terms of the deal Minerva's shareholders would receive 120.5 pence per share from the consortium's special purpose vehicle, Jupiter Properties 2011 UK.
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).
