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Any other business

Merging two unhappy companies is a recipe for disaster

23 March 2019

9:00 AM

23 March 2019

9:00 AM

It never works to take two unhappy companies and blend them into a bigger pile of misery. That’s the way it looks at the investment giant Standard Life Aberdeen, known to some as ‘Staberdeen’, where Aberdeen Asset Management founder Martin Gilbert seems to have just lost a power struggle with his former co-chief executive Keith Skeoch from the Standard Life side.

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