Abrdn close to sealing £1.5bn interactive investor deal - reports

Deal could be announced this Thursday

Pedro Gonçalves
clock • 1 min read
Abrdn CEO Stephen Bird
Image:

Abrdn CEO Stephen Bird

Abrdn is close to sealing the £1.5bn takeover of interactive investor and the deal could be announced today (02 December).

The move, which first emerged early last month, will transform the capabilities of the FTSE 100 asset manager in the growing self-investment sector. The deal will not require abrdn to raise fresh equity,...

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