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Clifford Chance Advises Nuveen, LLC on £9.9 Billion Recommended Offer for Schroders plc

12 February 2026

Clifford Chance Advises Nuveen, LLC on £9.9 Billion Recommended Offer for Schroders plc

Global law firm Clifford Chance is advising Nuveen, a global asset manager, and its parent company TIAA, on Nuveen’s recommended cash offer for Schroders plc. The transaction values Schroders plc at £9.9 billion and is anticipated to be implemented by way of a scheme of arrangement.

The Clifford Chance team was led by Nuveen relationship partner Nicholas Rees and corporate partners David Pudge and James Bole alongside director Rui Huo, senior associate Antonio Folgore and associates Zoe Ram, Nicole Jones, Cathal Lynam and Francesa Warren.

The core M&A team were supported by partner Simon Crown and senior associates Charles Morris and Paul Lenihan on financial regulatory aspects, while partner Jennifer Storey and senior associate Sam Parry are advising on antitrust matters. Clifford Chance is also advising Nuveen on the financing aspects of the transaction with a London team led by partners Nick Kinnersley and Richard Day together with senior associate Devesh Awmee and a New York team led by partners Jason Ewart and Thomas Critchley and associates Aino Makisalo and Sonia Zheleznyakov.

In addition, partner Andrew Patterson alongside senior associate Kate Haywood and associate Richard Compton are advising on employee incentives with partner Alastair Windass and director Florence Wong advising on employment and partner Clare Hoxey and senior associate Portia Wainman advising on pensions. Partners Richard Kalaher, Philip Wagman and Rebecca Pereira and associate Marco Montanaro are advising on tax.

To find out more, please read the press release here: https://www.londonstockexchange.com/news-article/SDR/offer-for-schroders-plc/17457505