abrdn is to acquire 100 per cent of the ordinary share capital of the holding company of Interactive Investor (ii) from its shareholders, including majority shareholder JC Flowers IV LP (a fund advised by JC Flowers), for a total consideration of GBP1.49 billion, subject to a locked box adjustment and a regulatory capital adjustment.
abrdn is to acquire 100 per cent of the ordinary share capital of the holding company of Interactive Investor (ii) from its shareholders, including majority shareholder JC Flowers IV LP (a fund advised by JC Flowers), for total consideration of GBP1.49 billion, subject to a locked box adjustment and a regulatory capital adjustment.
ii will remain a consumer-driven, digital, open architecture investment platform and will operate as a standalone business and independent brand within abrdn. Richard Wilson will continue to lead ii through the next phase of its development.
