Aberdeen Asset Management acquires Artio Global

Aberdeen Asset Management has reached an agreement to acquire 100 per cent of the share capital of Artio Global Investors, a publicly-listed asset management holding company.

Aberdeen Asset Management has reached an agreement to acquire 100 per cent of the share capital of Artio Global Investors, a publicly-listed asset management holding company.

The purchase consideration of approximately $175m (around £112m) is based on a price of $2.75 per share and represents a premium of $34m (£22m) over Artio's unaudited net asset value at December 31st.

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