Shareholders back Standard Life-Aberdeen Asset merger deal

Shareholders back Standard Life-Aberdeen Asset merger deal
 

Shareholders have overwhelmingly backed an £11bn 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 16-member board.
The two companies agreed the terms of the merger in March.
Simon Troughton, chairman of Aberdeen Asset Management, said the result was a "landmark" in the firm's history.
He said: "We are... read more

 
Monday, 16:13 in Business, Views: 37
Source: BBC
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