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Virgin Money buys out Abrdn joint venture stake in £20m deal

Move brings to an end the partnership established in 2019 to broaden Virgin Money's offering to banking customers

Virgin Money buys out Abrdn joint venture stake in £20m deal
Photo: Hollie Adams/Getty Images

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Virgin Money is buying out Abrdn's stake in a joint venture established five years ago, in a deal that will net the Edinburgh-based asset manager £20m.

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