European governments have injected billions into ailing banks since the beginning of the financial crisis in 2008. But now, as pressure to return these banks to the commercial sector mounts, governments are considering a number of strategies to get the banks off their hands.
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).
