Santander reportedly in discussions to purchase Abrdn’s private equity unit
A deal could be made in the next few months with the unit valued at around £250m, Sky News reports.
A deal could be made in the next few months with the unit valued at around £250m, Sky News reports.
“Last year, we decided to reshape the business to be in line with our new strategic imperative,” says CEO.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Through Archax, abrdn aims to provide new investment opportunities to its customers.
Abrdn had previously confirmed it was in talks to acquire the company in November.
Abrdn confirmed talks are taking place, but made clear nothing is finalised as yet.
Edinburgh-based investment firm plans to offer a 24/7 digital wealth management app.