Slaughter and May, working alongside the Standard Life in-house legal team, is advising Standard Life plc (Standard Life), on the recommended all-share merger of Standard Life and Aberdeen Asset Management plc (Aberdeen) to be effected by means of a court-sanctioned scheme of arrangement (the Merger). The Merger is conditional upon regulatory and antitrust clearances and shareholder approvals.
Following completion of the Merger, Standard Life’s shareholders will own approximately 66.7 per cent. and Aberdeen’s shareholders will own approximately 33.3 per cent. of the combined group.
Slaughter and May is supporting Standard Life's internal legal team, which is led by Rushad Abadan, Group General Counsel, supported by Sara De Busk, Head of General Counsel’s Office, and Benjamin Brust, Legal Counsel.
Jonathan Marks, who is leading the team at Slaughter and May said: "I am delighted to be working with Standard Life’s in-house legal team on this important merger."