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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 Investors, re-iterating concerns the broker has raised about the landmark deal.
Abrdn holders 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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