Abrdn 'in discussions' to buy interactive investor

Deal for investment platform reported to be worth £1.5bn

clock • 1 min read
Abrdn CEO Stephen Bird
Image:

Abrdn CEO Stephen Bird

Abrdn has issued a statement confirming that it is in talks regarding the “potential acquisition” of retail investment platform interactive investor.

According to reports, if it were to go ahead, the deal would be worth £1.5bn. Earlier in the year, the UK-based fund supermarket, which is second only to Hargreaves Lansdown by size in the UK, was reported...

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