Aberdeen Asset Management's
top executive has put an end to speculation regarding his firm's interest in purchasing Delaware Investments
from Lincoln Financial Group
Aberdeen was "definitely not pursuing" a deal to acquire Delaware,
quoted Aberdeen CEO Martin Gilbert
as saying on Monday.
"There is nothing at the moment, nothing happening," added Aberdeen chief financial officer Bill Rattray
. "We think it is gone to someone else."
is reportedly the leading bidder for Delaware.
Gilbert said Aberdeen was on the lookout for deals in the U.S. to boost fund distribution, but added that "it is not something we are pursuing aggressively."
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