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Standard Life Aberdeen mulls name change

Edinburgh-based investment giant Standard Life Aberdeen (SLA) is considering a name change amid reports that new chief executive Stephen Bird is mulling a deal to…















Standard Life Aberdeen in £3.2bn insurance sale

Standard Life Aberdeen on Friday confirmed the sale of its “capital-intensive” insurance business to Phoenix Group for a total consideration of £3.24 billion including £2.28 billion in cash and…




Abrdn sells £262m stake in India’s HDFC Life

Edinburgh-based investment giant Abrdn announced it sold another chunk of its shareholding in HDFC Life Insurance Company in India. It said its Abrdn (Mauritius Holdings) 2006 Limited…




Abrdn sells £225m stake in India’s HDFC

Edinburgh-based investment giant Abrdn announced it sold another 6% of HDFC Asset Management Company Limited (HDFC AMC) in India to raise £225 million. The Edinburgh firm…




Moody’s affirms Standard Life Aberdeen rating

Debt rating agency Moody’s Investors Service has affirmed Edinburgh-based asset management giant Standard Life Aberdeen plc’s A3 long-term issuer rating, and Baa1(hyb) subordinate (domestic) rating….




Sales, contract news lift Craneware shares

Shares of Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, rose again after it said it enjoyed “a third consecutive year of record sales…