Dechert-Led Abrdn Buys £2.6B Health Care Funds From Rival

By Tom Fish (October 30, 2023, 11:43 AM GMT) -- Investment company Abrdn said Monday that its subsidiary has bought the health care fund management arm of a U.S. rival, Tekla, for £2.6 billion ($3.15 billion), as the U.K. business looks to expand in the growing biotechnology sector....

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