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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.
Asset Management
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
Want to sign up to our free weekly asset management bulletin? Click here
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.