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Schroders' Takeover By Nuveen Unit Bags Court Clearance

MT Newswires·09/29/2026 07:23:42
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07:23 AM EDT, 09/29/2026 (MT Newswires) -- Schroders (SDR.L) expects its takeover by Nuveen's Pantheon unit to conclude by Thursday after a court sanctioned the scheme of arrangement for the deal. The London-listed British asset manager said Tuesday that its shares will be delisted on the London bourse's main market on Friday, with the last day of trading on Wednesday. The parties agreed to the terms of the deal in February.