ii confirms abrdn acquisition in £1.5bn deal

ii CEO Richard Wilson will move across to abrdn and continue to lead the platform

clock • 1 min read
abrdn CEO Stephen Bird
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abrdn CEO Stephen Bird

The proposed acquisition of interactive investor by investment giant abrdn is set to go ahead in a deal worth almost £1.5bn.

According to a statement from ii, the transaction will see abrdn acquire 100% of the ordinary share capital of ii, which includes that of majority stakeholder, JC Flowers IC LP. ii will operate as a...

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