Mon 18 to Wed 20 Feb 2013 to be announced

Orix completes purchase of Robeco from Rabobank

Rabobank previously owned Robeco


Japanese financial services firm Orix Corp. buys Dutch asset manager Robeco from its owner Rabobank for about $2.6 billion.

It is the biggest ever acquisition by Orix, whose businesses include leasing, life insurance, real estate, corporate lending and a professional baseball team.

Rabobank will retain about a 10 percent stake in Robeco, whose management will remain in place after the acquisition.

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