1st Dec 2005 15:33
Aberdeen Asset Management PLC01 December 2005 Aberdeen Asset Management PLC Acquisition of certain fund management businesses of Deutsche Bank Aberdeen Asset Management PLC ("Aberdeen") is pleased to announce that itsacquisition of the contracts of the Philadelphia-based Investment Grade ActiveFixed Income business of Deutsche Bank AG has completed and that the transfer of the business will be effective at close of business today, 1 December, 2005, U S Eastern Standard Time. Further information will be provided on the final value of assets undermanagement, which transfer to Aberdeen's management from Deutsche Bank AG'S UKand Philadelphia-based asset management businesses, in the announcement of theGroup's preliminary results which is due to be released on Monday 5 December. Aberdeen is being advised by JP Morgan Cazenove. Contacts: Aberdeen 020 7463 6000Martin GilbertBill Rattray JPMorgan Cazenove 020 7588 2828John PaynterIan HannamRichard LockeJames Wood-Collins Maitland 020 7379 5151Neil BennettMichelle Jeffery This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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