Aberdeen and Standard Life recommend all-share merger; Combined group would incorporate both brands

Joint venture would see Gilbert and Skeoch as co-CEOs

clock • 6 min read

Aberdeen Asset Management and Standard Life announced this morning they have reached a recommended all-share merger deal, which would create "a formidable player in the active asset management industry globally" running over £660bn of assets.

After confirming merger talks over the weekend, Aberdeen and Standard Life said an agreement has now been reached and they are recommending the deal to shareholders. Shares in both financial fir...

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