Schroders CEO denies family stake sale reports
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Schroders CEO denies family stake sale reports
Schroders chief executive Richard Oldfield has denied speculation that the company’s founding family is considering selling its stake in the asset management firm. The Schroder family, which holds approximately 44% of the business, is not reviewing its stake for a potential sale, according to Oldfield’s recent comments to the Financial Times (FT). Oldfield told FT: “No, there is no intention of the family to sell. I engage with two members of…
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