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Abrdn in Talks to Acquire Interactive Investor for $2 Billion

Abrdn in Talks to Acquire Interactive Investor for  Billion

Scottish fund manager Abrdn PLC is in talks to acquire online broker Interactive Investor, the companies said Saturday, the latest bet on the growth of retail-investor trading.

The companies didn’t disclose a possible sale price. According to a person familiar with the matter, any deal could value U.K.-based Interactive Investor at around £1.5 billion, equivalent to $2 billion. The companies are still discussing terms, and the talks could collapse without an agreement.

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