IN BRIEF: abrdn completes £1.5 billion buy of interactive investor

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

abrdn PLC - Edinburgh-based investment company - Completes the £1.49 billion acquisition of online retail investment platform interactive investor from shareholders including JC Flowers & Co. The completion follows the receipt of regulatory and shareholder approval. The purchase was first announced in December and funded through abrdn's own capital resources.

Current stock price: 198.58 pence

12-month change: down 27%

Copyright 2022 Alliance News Limited. All Rights Reserved.