Magic circle duo Slaughter and May and Clifford Chance have claimed the lead roles on a surprise deal which has seen the over 200-year-old Schroders agree to a takeover by US asset-manager Nuveen in a deal worth £9.9bn.
Slaughters is acting for the historic London asset manager, while Clifford Chance is advising Nuveen and its parent company TIAA.
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