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Scotland's Standard Life in talks to buy Aberdeen, forming £660b European asset management giant

Merger will help Aberdeen steady itself after significant outflows
Monday, March 6, 2017 - 05:50

London

STANDARD Life Plc, Scotland's largest insurer, is in talks to acquire Aberdeen Asset Management Plc, creating one of Europe's biggest asset managers overseeing £660 billion (S$1.1 trillion).

Under the terms of the potential deal, Standard Life shareholders would own 66.7 per

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