Wealth and Asset Management
Abrdn completes sale of €8.6bn European private equity business
Abrdn has completed the sale of its €8.6bn (£7.4bn) European-headquartered private equity business to Patria Investments in a €117m deal. The sale followed a strategic review of the UK asset manager’s alternatives business, which led it to conclude that the capital generated from the sale would be better deployed within…
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