|Bid||290.00 x 92200|
|Ask||297.00 x 258500|
|Day's Range||290.40 - 294.60|
|52 Week Range||242.10 - 354.40|
|PE Ratio (TTM)||22.05|
|Dividend & Yield||0.25 (6.76%)|
|1y Target Est||N/A|
Peter Denious, head of global venture capital at Aberdeen Asset Management Plc, said we’re in the midst of a virtual currency bubble, and like all bubbles, it will eventually burst.
The Competition and Markets Authority said on Thursday that it would not refer the deal for further investigation. Standard Life and Aberdeen said in a statement that the deal, announced in March, is now expected to complete on August 14, subject to remaining regulatory approvals.
Aberdeen's opinion is important as the money manager is the second biggest shareholder and would be key to any shakeup of the business. The Australian 's Matt Chambers has a great interview with Andrew Preston, Aberdeen Asset Management's head of corporate governance in Australia (subscribers can find the story here). Here's a little taste of the story: Major BHP shareholder Aberdeen Asset Management says dissolving the miner’s dual-listing in favour of a primary Australian one, the model now being pushed by activist hedge fund Elliott Management, would be preferable to the present structure if it could be done for a reasonable price.