Standard Life and Aberdeen merger to create £660bn group

Standard Life and Aberdeen Asset Management announced today that they have reached agreement on a recommended merger which will see the two combine to create a group with £660bn in assets under management and financial strength.

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Aberdeen snaps up SWIP in £650m deal

Aberdeen Asset Management has formed a "strategic relationship" with Lloyds Banking Group and, as part of the deal, will acquire Scottish Widows Investment Partnership for approximately £650m. Read more...
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