Schroders £9.9bn Sale Ends 200-Year Family Era
#MergersAndAcquisitions #FinancialSectorSchroders agrees to a £9.9bn takeover by US firm Nuveen, ending over 200 years of family ownership. The deal creates a global fund management giant. The Schroders brand and its large London office will be retained. read more
#Paramount #MergersAndAcquisitions
Bob Bakish, former Paramount CEO, stepped down amidst clash rumors with Shari Redstone. Sony and Apollo offered $26bn for Paramount, causing a 12% spike in the company's shares. Potential merger with Skydance Media faces scrutiny under the Biden administration. read more