Mon 18 to Wed 20 Feb 2013 to be announced

Orix completes purchase of Robeco from Rabobank

Rabobank previously owned Robeco

flickr-DennisM2

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.

www.reuters.com - Japan's Orix to buy Rabobank asset management arm for about

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