May 27, 2015 / 12:46 PM / 4 years ago

BRIEF-Aberdeen Asset Management says to buy Flag Capital Management

May 27 (Reuters) - Aberdeen Asset Management Plc :

* Entered into agreement to acquire Flag Capital Management

* Transaction is currently expected to close in Q3 of 2015

* Business will be fully integrated into Aberdeen’s current private markets capability

* Pakenham Partners served as financial advisers to Aberdeen; Berkshire Capital served as financial advisors for Flag

* As of December 31, 2014, Flag managed assets of approximately $6.3 billion Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +44 207 542 1810)

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