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Abrdn offloads Abrdn Capital in £140m sale
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Abrdn said 28 February that it is selling its discretionary fund management business, Abrdn Capital, for £140m.
FTSE 100-listed investment company said that the sale — which is expected to complete in the second half of the year — involves the transfer of £6.1bn in assets under management and 140 employees.
The sale is conditional upon regulatory...
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