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
The entry of KKR-backed Soderberg as a potential buyer for Schroders' benchmark unit indicates increased strategic interest in asset management assets.
President Trump is set to announce this afternoon a "dramatic expansion" of discounted prescription drug offerings available on TrumpRx.gov, a White House official tells CNBC
Iranian President says Iran will not yield to foreign powers, adding that Iran has the right to defend itself
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
US President Trump posts "If Iran surrenders, admits their Navy is gone and resting at the bottom of the sea, and their Air Force is no longer with us, and if their entire Military walks out of Tehran", media will write that Iran had a victory over the US
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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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