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Schroders names Westerman chair ahead of Nuveen deal close
Source: reuters.com
Management & GovernanceM&A & RestructuringAsset Management
Schroders appointed former banker Matthew Westerman as chairman ahead of the completion of its £9.9 billion ($13.3 billion) sale to U.S. asset manager Nuveen. The leadership change is tied to a significant cross-border transaction and may affect Schroders' governance and integration planning, though the article provides no updated deal terms or financial outlook.
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