# Schroders shareholders approve $13.4 billion sale to U.S. firm Nuveen.

*fintech · news · 2026-04-16 · Devdiscourse*

## Key points

- Schroders shareholders approved a $13.4 billion sale to U.S. asset manager Nuveen.
- The merger will create a combined entity managing $2.5 trillion in assets.
- Schroders' founding family supported the sale, influencing its approval despite some valuation concerns.
- The deal highlights a trend of major asset managers exiting the London Stock Exchange.

**Companies:** Nuveen, Schroders
**Countries:** UK, US

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/business/3876739-historic-schroders-acquired-by-nuveen-in-134-billion-deal)

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