Bae Systems Pension Funds Investment Management acquired an unknown stake in Pan-European portfolio of 23 long term care and healthcare assets including one greenfield development from Korian (ENXTPA:KORI) for approximately €100 million in December 2021.

Bae Systems Pension Funds Investment Management completed the acquisition of an unknown stake in Pan-European portfolio of 23 long term care and healthcare assets including one greenfield development from Korian (ENXTPA:KORI) in December 2021. SG Corporate & Investment Banking acted as financial advisor to Korian. Hubert Segain, David Lacaze and Bruno Knadjian of Herbert Smith Freehills Paris LLP acted as legal advisor to Korian. Linklaters LLP (France) acted as legal advisor to Bae Systems Pension Funds Investment Management.