London-based developer Minerva has rejected an unsolicited takeover offer from KiFin, a company controlled by South African businessman Nathan Kirsh. Minerva's board described the 50 pence per share offer as 'an opportunistic and unwelcome attempt to acquire Minerva at a price which significantly undervalues the company and its future prospects'.
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).
