Credit Suisse has sold its last shares in Aberdeen Asset Management for £200m, bringing to a successful conclusion a three-year deal that Martin Gilbert, Aberdeen’s chief executive, has described as a template for asset management acquisitions.
A spokesman for Aberdeen said: "The shares were put on the market at 4.30pm yesterday and went in 15 minutes at between a range of 245p to 255p, [with] very strong demand from UK and international institutions."