Nuveen gets regulatory green light for Schroders acquisition

Takeover expected on 1 October

clock • 2 min read

Nuveen confirmed it has received regulatory approval to acquire Schroders, with the takeover expected on 1 October.

The fund groups said they were "pleased to confirm that all conditions relating to the receipt of antitrust and regulatory approvals" set out in the scheme of arrangement they agreed to in February, valuing Schroders at £9.9bn, had been met. The transaction is still subject to court approval at a sanction hearing, set to take place on 29 September. Upon court approval, the acquisition will finalise on 1 October, with all dealing in shares of Schroders suspended the same day and the admission to trading of shares in Schroders on the main market cancelled by the following morning. Sc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

FSCS opens claims for Verus Financial Services customers following FCA probe

FSCS opens claims for Verus Financial Services customers following FCA probe

FCA stripped its permissions in 2025

Isabel Baxter
clock 16 October 2026 • 2 min read
Corbel Partners awaits HMRC settlement on historic tax arrangements

Corbel Partners awaits HMRC settlement on historic tax arrangements

Advice network has paid £660,000 so far

Isabel Baxter
clock 15 October 2026 • 3 min read
Oaklgen Wealth makes acquisition in UK financial planning push

Oaklgen Wealth makes acquisition in UK financial planning push

Buys Aurea Financial Planning

Sophia Panayi
clock 15 October 2026 • 1 min read