Abrdn has issued a statement confirming it is in talks regarding the “potential acquisition” of retail investment platform Interactive Investor.
According to reports, if it were to go ahead, the deal would be worth £1.5bn. Earlier in the year, the UK-based fund supermarket, second only to Hargreaves Lansdown by size in the UK, was reported to be considering a London flotation at a valuation of up to £2bn. In a statement released on Monday (8 November), the FTSE 100 asset manager said: "The company notes recent media speculation and confirms that it is currently in discussions with J.C. Flowers & Co regarding a potential acquisition of Interactive Investor. "There can be no certainty that these discussions will result in a ...
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