# Schroders agrees to £9.9bn takeover by US investment giant Nuveen

By Dan Coatsworth — 2026-02-12

Dan Coatsworth, head of markets at AJ Bell, said: “Ding-dong, the takeover bell is rung once again as London stands to lose a veteran of the UK stock market.

“Schroders has been listed in London since 1959 and is among the biggest UK-quoted asset managers.

“It is the second FTSE 100 member to receive a takeover bid so far in 2026.

“The 34 per cent bid premium including dividends is below the 44 per cent average year-to-date and there may be grumbles from shareholders the takeout price is not generous.

“Unfortunately for disgruntled shareholders, there’s not a lot they can do in this situation.

“The Schroders family own approximately 45 per cent of the business and they’ve indicated support for the bid at the current price.

“What they say goes in this situation, given the scale of their voting power.”

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