Abrdn 'in discussions' to buy interactive investor

Reported deal around £1.5bn

clock • 1 min read
Abrdn CEO Stephen Bird.
Image:

Abrdn CEO Stephen Bird.

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...

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