Nuveen Agrees to Acquire Schroders in £9.9B Cash Takeover
February 12, 2026
Nuveen and Schroders agreed to the terms of a board-recommended cash acquisition in which Nuveen will acquire the entire issued and to-be-issued share capital of Schroders for approximately £9.9 billion. The deal is expected to close in Q4 2026, subject to shareholder approval and regulatory conditions.
- Buyers
- Nuveen, LLC
- Targets
- Schroders plc
- Sellers
- Schroders shareholders (implied)
- Industry
- Financial Services
- Location
- United Kingdom
- Transaction Type
- Buyout
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