Standard Life Aberdeen blow as Lloyds axes £109 billion asset deal



STANDARD Life Aberdeen is set to be stripped of £109 billion of assets that it manages for Scottish Widows and parent company Lloyds Banking Group. Shares in the FTSE 100 asset manager, created by the 2017 £11billion merger of Standard Life and Aberdeen Asset Management, fell 291⁄4p to 360p.
Standard Life Aberdeen blow as Lloyds axes £109 billion asset deal Standard Life Aberdeen blow as Lloyds axes £109 billion asset deal Reviewed by Melbal Business News And Directory on 16 February Rating: 5

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