LONDON—Aberdeen Asset Management PLC and Standard Life PLC on Monday said they have agreed to the terms of an all-share merger, creating one of the U.K.’s largest asset managers with a combined market value of more than £11 billion ($13.5 billion). Confirmation of the deal comes just two days after the companies said they were in talks following media reports of a possible merger. Aberdeen has a market capitalization of £3.8 billion,...

Source: Wall Street Journal March 06, 2017 07:25 UTC