Aberdeen Asset Management completes acquisition of Artio Global Investors

Aberdeen Asset Management announced Wednesday that it has completed the acquisition of Artio Global Investors, a US publicly listed asset manager.

Aberdeen Asset Management announced Wednesday that it has completed the acquisition of Artio Global Investors, a US publicly listed asset manager.

The group paid $179.7m (£118.3m) for the acquisition, which is expected to be earnings enhancing from the outset.

The share price rose 0.12% to 482.90p by 08:30.

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