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Bids, Mergers and Takeovers

Standard Life, Aberdeen note CMA merger clearance

22 June 2017 08:58

Standard Life and Aberdeen Asset Management note the announcement by the Competition and Markets Authority that it has completed its review of their proposed merger and has cleared the transaction unconditionally.

The transaction was expected to complete on 14 August 2017, subject to remaining regulatory approvals.

At 8:58am:

(LON:ADN) Aberdeen Asset Management PLC share price was -2.7p at 291.2p

(LON:SL.) Standard Life PLC share price was -5.2p at 387p

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