German state-backed landesbank Norddeutsche Landesbank, or NordLB, is back in the black, turning a profit of EUR 236 mln last year, compared to an after-tax loss of EUR138 mln the previous year.
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).
