Nuveen agrees to buy Schroders for $13.5 billion

Reuters

02/12

LONDON, Feb 12 (Reuters) - U.S. asset manager Nuveen has agreed to buy British money manager Schroders SDR.L for 9.9 billion pounds ($13.5 billion), the companies said on Thursday.

($1 = 0.7344 pounds)

(Reporting by Iain WithersEditing by David Goodman)

((iain.withers@tr.com))

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