Tikehau Says Its Schroders Stake May Lead to Cooperation Deal
By and Leonard Kehnscherper
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French asset manager Tikehau Capital SCA said its holding in UK competitor Schroders Plc could pave the way for a partnership between them.
While the primary rationale behind the stake is Tikehau's conviction that Schroders' stock is set to rise, 'there may be some commercial collaboration in the future,' Co-Founder Antoine Flamarion said on an earnings call on Thursday.
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