Following media speculation Schroders has confirmed it is in "advanced talks" with Greencoat Capital, a European renewables infrastructure manager.
Sky News revealed last night (15 December) that the FTSE 100 fund manager is close to completing a deal to acquire a 75% stake in the renewable firm for about £360m. Schroders unites private assets capabilities under £46bn banner In a stock exchange announcement this morning (16 December) , Schroders said: "There is no certainty these talks will lead to any final agreement. "Schroders continues to evaluate potential acquisition opportunities in line with its strategy to build a comprehensive private assets platform and enhance its leadership position in sustainability." P...
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