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Abrdn shareholders urged to ‘carefully consider’ approving Interactive Investor deal
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Analysts at Numis urged Abrdn shareholders to “carefully consider how they vote” at an upcoming meeting to approve the asset manager’s £1.5bn purchase of Interactive Investor, reiterating concerns the broker has raised about the landmark deal.
Abrdn shareholders are due to meet on 15 March to approve the acquisition, which will put the Edinburgh-headquartered asset manager in direct competition with other UK platform giants Hargreaves Lansdown and AJ Bell.
The...
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