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Schroders strikes deal for River & Mercantile solutions arm
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fnlondon.comSchroders, the £717bn UK listed asset manager, has struck a deal to acquire the £42bn solutions business of River & Mercantile — the latest in a string of M&A transactions announced in the sector this year.
The London headquartered firm will pay around £230m for the division, which includes its fiduciary management and derivatives businesses.
The...
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