UK investment firm Schroders agrees to £9.9bn takeover by Nuveen
US investment giant Nuveen agrees £9.9 billion takeover of Schroders
- British investment management firm Schroders is set for a £9.9 billion takeover by US giant Nuveen, forming a new powerhouse in global asset management.
- The deal offers shareholders £5.90 per Schroders share, plus dividends of up to 22p per share, valuing Schroders' entire share capital at approximately £9.9 billion.
- The merger will create an investment giant overseeing nearly $2.5 trillion (£1.8 trillion) in assets, with the Schroders brand being retained.
- London will serve as the combined group’s head office outside the US, reinforcing the city's position in global asset and wealth management.
- The transaction, which is subject to regulatory approval, is expected to be completed during the final three months of 2026.
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