UK - Aberdeen Asset Management (Aberdeen) has announced it has entered in to an agreement with Germany's Dresdner Bank to acquire DEGI, a Germany-based property investment management company in a deal worth €110m.
The acquisition is expected to be fully completed by April 2008.
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.