Aberdeen Asset Management PLC wrapped up its acquisition of Artio Global Investors, a U.S. publicly-listed asset manager, effective May 21. The firm paid $179.7 million, a premium of $46.3 million over Artio's unaudited net asset value as of March 31.

Artio’s net assets as of March 31 included $112.4 million of cash and seed investments. As of May 17, 2013, Artio managed a $9.2 billion fixed income business, including Total Return Bond and Global High Yield strategies, and a $1.4 billion international and global equities business which will be transitioned to Aberdeen's global equity investment process.

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