UK fund management stalwart Schroders has agreed to a £9.9bn purchase from US fund management firm Nuveen.
The deal represents a value of 612p per Schroders share, consisting of 590p per share and permitted dividends of up to 22p. Assuming the dividends are declared and paid in full, this is a 34% premium to the closing price of 456p per Schroders share on 11 February 2026, the last business day before the deal was announced. In a statement from the firm today (12 February) it outlined that Nuveen's and Schroders' businesses are "highly complementary and the transaction represents an opportunity to combine their strengths to accelerate growth, better serve clients and create one of the w...
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