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Aberdeen avoids hiccup to join FTSE 100

Asset manager joins the UK's blue chip index despite fears it would not make the cut

Aberdeen Asset Management will join the FTSE 100 index of leading shares despite last minute fears that it could miss out on a place in the blue chip rankings.

FTSE Group, the index provider that maintains the ranking, confirmed Aberdeen's ascension after the close of trading on Wednesday. The change, which comes as part of a quarterly review of the FTSE indices, takes effect from the start of trading on Monday.

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