Japan finance firm set to buy Robeco

Japanese finance specialist moves to buy Robeco

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.
At six-seven times Ebitda, Orix believes it has a bargain purchase
At six-seven times Ebitda, Orix believes it has a bargain purchase
February 20, 2013

Japanese financial services group Orix Corporation has moved to acquire 90% of the equity in Robeco from Rabobank for €1.9 billion ($2.5 billion), and says it will continue to expand.

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