Summary
ABERDEEN Asset Management is believed to have been edged out in the race to land Deutsche Bank's UK fund management business following an eleventh hour move by one of its rival bidders.
French banking giant BNP Paribas has raised its offer marginally above the GBP 250m bid tabled by AAM chief executive Martin Gilbert, according to sources close to the deal.See the full content of this document
Extract
French Bank Edging Out Aam in Deutsche Bid
With Gilbert's finances already stretched at the existing bid price, industry sourc...
See the full content of this document
Sponsored links
