The proposed merger will create an investment business with £660 billion under administration, of which £580 billion is assets under management, making the
group the largest active asset manager in the UK.
Aberdeen shareholders will own approximately 33 per cent with Standard Life shareholders owning roughly 67 per cent of the combined group on a diluted basis.
It has been agreed that the combined group will
be headquartered in Scotland and will include, and operate under, branding drawn from both organisations.
Our view? Here.