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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Robeco Sustainable Global Stars Equities Fund | EU:ROBA | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.46 | 0.60% | 76.53 | 76.53 | 76.53 | 76.53 | 7,548 | 10:00:52 |
From Jun 2019 to Jun 2024
Dutch bank Rabobank is weighing three offers for its asset management arm Robeco and is deciding between bids to split the €2 billion ($2.6 billion) business or sell it whole, the Reuters news agency reported Wednesday on its website, citing unnamed people familiar with the situation.
The bank received bids from a private equity consortium of Advent International and CVC, and Japanese financial services group Orix for the whole of Robeco, while a third bid from a partnership between AMG Inc. and Permira wants to split up the business, the people said in the report.
Rabobank, which is in discussions with various bidders and is evaluating the offers, has told prospective buyers that it wants to sell the business whole, the report said citing the people.
The sale could fetch as much as 3 billion euros, one of the people was quoted as saying in the report.
Rabobank and Robeco declined to comment, the report said. The named bidders also declined to comment or were unavailable for comment.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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