-- An arm of Spanish bank Banco Santander S.A. is in talks to buy Abrdn PLC's private equity division, Sky News reported, citing sources.

-- A deal between Abrdn and a buyer, which would value the U.K. fund manager's division at around 250 million pounds ($299.7 million), is expected to be completed in the next couple of months, Sky News reported.

Full story: https://bit.ly/3SeKd08

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

February 17, 2023 09:43 ET (14:43 GMT)

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