UK real estate group Quintain Estates and Development said on Thursday that it proposes to raise approximately £183 mln (EUR 204 mln) in a deeply discounted rights issue. The operation will involve the issue of 390 million shares at 49 pence per share. The price irepresents more than a 70% discount on Wednesday's share price.
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).
