Nuveen Acquires Schroders in £9.9bn Deal
The City reacts with shock as Nuveen announces a surprise £9.9bn acquisition of Schroders, creating a global asset management giant and raising concerns about London's equity market.
The City reacts with shock as Nuveen announces a surprise £9.9bn acquisition of Schroders, creating a global asset management giant and raising concerns about London's equity market.
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Top law firms Clifford Chance and Slaughter and May have been appointed as legal advisors for Nuveen's £9.9 billion acquisition of Schroders' real estate division, marking a major transaction in the property investment sector.
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Historic British asset manager Schroders agrees to a £9.9bn acquisition by Chicago-based Nuveen, creating a global giant with $2.5tn in assets while retaining London as its largest office.
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