Standard Life / Aberdeen Asset Management merger inquiry

The CMA investigated and cleared the anticipated acquisition by Standard Life plc of Aberdeen Asset Management PLC.

• From: Competition and Markets Authority
• Published: 22 May 2017
• Last updated: 18 July 2017 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Financial services
• Outcome: Mergers - phase 1 clearance
• Opened: 22 May 2017
• Closed: 18 July 2017

Statutory timetable

Phase 1 date	Action
18 July 2017	Decision published
22 June 2017	Decision announced
22 May to 6 June 2017	Invitation to comment
22 May 2017	Launch of merger inquiry

Phase 1

CMA clearance decision

22 June 2017: The CMA has cleared the anticipated acquisition by Standard Life plc of Aberdeen Asset Management PLC. The full text of the decision is available below.

• Full text decision (18.7.17)

Invitation to comment: Now closed

22 May 2017: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Launch of merger inquiry

22 May 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period notice (22.5.17)

Contact

mergersupportteam@cma.gsi.gov.uk

Published 22 May 2017
Last updated 18 July 2017 + show all updates

1. 18 July 2017

   Full text of the decision published.

2. 22 June 2017

   Clearance decision announced.

3. 22 May 2017

   First published.