Credit Suisse announced on Wednesday that it has successfully completed the sale of part of its Global Investors traditional asset management business to Aberdeen Asset Management. The deal gives the Swiss financial group 240 million Aberdeen shares, equivalent to a 23.9% stake in Aberdeen. Credit Suisse will also be represented on the board of directors of Aberdeen Asset Management.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
