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UK fund manager Schroders in talks to buy 75% stake in Greencoat Capital

by Mike Robinson

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© Reuters. FILE PHOTO – A man passes by the Schroders logo at an investment management firm in Zurich (Swtzerland), November 5, 2018. REUTERS/Arnd Wiegmann

(Reuters) – British fund manager Schroders Sky News reports that (LON) has entered advanced discussions to purchase a 75% share in Greencoat Capital for approximately 360 million pounds (475.52 million).

The report states that a deal might be reached in just days. It could also include the possibility of buying the rest of Greencoat.

Reuters reached out to Schroders, Greencoat but they did not respond immediately.

($1 = 0.7571 pounds)

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