RE: RE: Abdn share price11 Dec 2023 14:49
I would be very surprised, at least as a complete business. For other mid-sized investment managers, it's probably too big/complex/messy to swallow. For large ones, it's not worth it. Could be broken up for parts but it's still a tangled mess and the question of who might absorb the investment management unit remains, unless Phoenix want to take their investment management in-house. But then they sold their previous in-house manager to Standard Life Investments so that would be mildly surprising.