Under the agreed terms, Schroders shareholders will receive '5.90 per share in cash, valuing the equity at '9.5bn. Shareholders will also retain dividends of up to 22 pence per share before completion, bringing the total transaction value to '9.9bn. Platinum acquired the Madrid-based environmental services platform in October 2021 for approximately $4.2bn ('3.5bn). The sale reflects a multi-year transformation strategy focused on operational improvement, targeted M&A, and portfolio optimisation. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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