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M&G in full bloom after Schroders takes a look

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The asset manager M&G appeared to be in play as a takeover target with a price tag above £7 billion yesterday, after revelations that its rival Schroders had considered making an offer. Shares in M&G rose 9¼p, or 4.2 per cent, to 229¼p after Bloomberg reported that Schroders had spent…

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