The Japanese finance firm talks bullishly about AM industry growth after moving to buy Robeco, while seller Rabobank denies rumours it held acquisition talks with Macquarie.
Tag : orix
Orix Corporation has agreed to acquire 90% of the equity in Robeco from Rabobank for $2.5 billion. It says it intends to keep the Dutch asset manager intact as much as possible.
Orix and MVC Corporation take combined 25% stake in the fixed income fund manager and front cash to seed new funds.
