RobecoSAM's impending merger with Japan's Orix will give the sustainable asset management pioneer a new home base in Asia, where growth in China will be a focus.
Tag : orix
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.
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.
