KKR backed Soderberg has joined the suitors for Schroders (SDR LN) benchmark unit and it could fetch up to GBP 200mln, Sky News reports citing sources
Context
The entry of KKR-backed Soderberg as a potential buyer for Schroders' benchmark unit indicates increased strategic interest in asset management assets. If the deal materializes at around GBP 200 million, it could signal a wave of consolidation in the sector, possibly affecting valuations and competitive dynamics among peers. Investors should watch for market reactions related to Schroders and the broader asset management landscape.
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