Standard Life buys Ignis Asset Management for £390m

On April 1, 2014   /   Fishtank, Ignis, M&A, SLI  

Standard Life will pay £390 million for Ignis including regulatory capital. The consideration will be settled in cash from Standard Life group’s existing internal resources. The transaction is expected to be completed on or before 30 June 2014. According to the Sunday Times Canadian bank RBC and

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