Aberdeen has completed the first stage in its acquisition of Credit Suisse's asset management business.
Credit Suisse will receive a total of 32,526,196 new ordinary shares in Aberdeen as part of this stage of the deal.
Aberdeen chief executive, Martin Gilbert, says: "Today we have made a significant step towards concluding the planned acquisition of various businesses from Credit Suisse, announced at the end of December.
"The purchase of the various Credit Suisse businesses will consolidate Aberdeen's position as a leading global asset manager and provide long-term benefits to our shareholders. We therefore look forward to closing the remaining parts of the transaction in late June 2009 as planned."
Aberdeen expects to complete the acquisition of the remaining assets on or around 30 June 2009.
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