abrdn completes sale of private-equity business with £7.4bn AUM to Patria
By IAN Editorial Desk
29 April 2024·Updated 26 September 2026·1 min read
Primary source: aberdeenplc.com
abrdn completed the sale to Nasdaq-listed Patria Investments on 29 April 2024, for consideration of up to £100 million.
abrdn announced on 29 April 2024 that it had completed the sale of its £7.4bn AUM European-headquartered Private Equity business to Nasdaq-listed Patria Investments for up to £100 million.
Subject to any completion adjustments, the consideration comprised £60 million in cash paid upfront and secured deferred consideration of £20 million plus interest, due 24 months after completion. A further payment…
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