Abrdn has confirmed it is in talks to purchase fund supermarket Interactive Investor (II), as it looks to strengthen its direct-to-consumer business.
In a statement, Abrdn said it noted media speculation around the deal, and confirmed it was in talks with UK private equity firm JC Flowers & Co regarding a potential acquisition of Interactive Investor.
It said there was no certainty the discussions would result in a transaction. The Financial Times <...
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