Shareholders back £11bn Standard Life - Aberdeen Asset Management deal



Shareholders have overwhelmingly backed an £11 billion tie-up between Standard Life and Aberdeen Asset Management.
More than 95% of investors at Aberdeen and 98% at Standard Life voted in favour of the deal during general meetings held on Monday.
The enlarged company, to be called Standard Life Aberdeen, will be headed up by Keith Skeoch and Aberdeen boss Martin Gilbert with a bumper 16-member board.
Simon Troughton, chairman of Aberdeen Asset Management, said the result was a “landmark” in the firm’s history.
He said: “We are pleased with the overwhelming support Aberdeen shareholders have... read more

 
19 June 2017 in Business, Views: 38
Source: Scotsman
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