Reuters - Aberdeen Asset Mgmt Acquire Stakes in Fund Manager, PE Firm

British fund manager Aberdeen Asset Management has unveiled two acquisitions, a U.S. fund manager and a 50.1 percent stake in an international private equity business, to buy its way into new markets. Aberdeen is to buy New York-based asset management firm Artio Global Investors for about $175 million, or $2.75 per share, and the stake in SVG Advisers for 17.5 million pounds ($27 million).

14 February 2013•3 mins read
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