Aberdeen and Standard Life to form investment powerhouse
Aberdeen and Standard Life are planning a merger in a move to gain scale and use combined resources to compete against passive alternatives, falling fees and increased regulatory costs. Fund selectors across the Nordic region will be closely following the outcome.
Niklas Tell 2017-03-06
During the weekend, Aberdeen and Standard Life issued a statement confirming that the two firms were in talks about a possible merger. Today, the companies confirmed plans for an all-share merger, which would see Standard Life shareholders owning 66.7 per cent
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