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Ferdi van Heerden CEO of combined business
$7bn deal
2020 has been 'difficult for all firms'
Deal values LV= at more than £500m
Brings £15.5bn AUA to M&G
Regulatory approvals received in August
What have you missed?
Worked at Legg Mason for 13 years
Legg Mason to be valued at $50 per share
'Greater economies of scale'