RE: Takeover fever continues on FTSE12 Feb 2026 11:34
The FTSE 100 opened at a record high, above 10,500, as financials were lifted by Schroders’ £10bn takeover deal. Given the fear-driven sell-off in this space this week, it seems an opportune moment to stress the benefits of scale for fund managers at a time of immense disruption from AI.
Schroders shares leapt 30 per cent to the offer price of 590p,