Schroders PLC

SDR: XLON (GBR)
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Schroders Earnings: Strong Performance Strengthens Case for Higher Nuveen Bid

Nuveen’s all-cash bid of GBP 5.90 per share for Schroders has been making headlines and overshadowed the firm’s strong second-half results, where adjusted operating profit surged 43%, and efficiency gains pushed its cost/income ratio below guidance.

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