Rabobank mulls three offers for Robeco

There are three offers for Rabobank’s asset manager Robeco, according to wire service reports.

One of the bids received is from a private equity consortium that includes Advent International and CVC. Another bid is from Japan’s Orix, while a third is from Boston based AMG in partnership with Permira – they want to split up the business, Reuters said.

Another company that has expressed interest is Australia’s Macquarie, but it has not entered a formal bid.

Robeco had €186bn of asserts under management at the end of July, Reuters said. Rabobank wants to sell the business to focus on its lending services.

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