Aberdeen Asset Management Plc, Scotland’s largest money manager, is in talks to acquire Royal Bank of Scotland Group Plc’s fund management division, said two people familiar with the discussions.
Aberdeen may buy the unit for as much as 100 million pounds ($227 million) as soon as this month, said one of the people, who declined to be identified because the talks are private. The purchase would add as much as $45 billion of assets under management to the US$237 billion ($331 billion) Aberdeen already oversees.
