Wealth and Asset Management
Nuveen to acquire Schroders for $9.9 billion in cash
Nuveen and Schroders have agreed to the terms of a board recommended cash acquisition (“the Transaction”) by Nuveen for the entire issued and to-be-issued share capital of Schroders for approximately £9.9 billion. This Transaction will create one of the largest active global asset management firms, with nearly $2.5 trillion of…
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