Categories: India

BRIEF-Buying Schroders 'massive transformational step' for both firms – Nuveen CEO

Feb 12 (Reuters) – Schroders PLC: * BUYING SCHRODERS 'MASSIVE TRANSFORMATIONAL STEP' FOR BOTH FIRMS, GLOBALISES NUVEEN – NUVEEN CEO * I'M CONFIDENT ABOUT ACTIVE MANAGEMENT AND PUBLIC MARKETS, WILL ALSO CREATE ONE OF LARGEST PRIVATE MARKETS PLATFORM – NUVEEN CEO * NUVEEN SEES LIMITED JOB LOSSES, SAYS TRANSACTION IS ABOUT GROWTH – NUVEEN CEO * OPEN TO FURTHER DEALS TO ADD ADDITIONAL CAPABILITIES TO SERVE OUR CLIENTS – NUVEEN CEO * SCHRODERS' FOUNDING FAMILY HAVE PROVIDED AN UNDERTAKING TO SELL THEIR WHOLE SHAREHOLDING AS PART OF THE TRANSACTION – SCHRODERS CEO Source text: Further company coverage:

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