Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Three Bidders Vie For Harbor's Parent Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 10, 2012

Three Bidders Vie For Harbor's Parent

News summary by MFWire's editors

Reuters has just reported that Rabobank is considering three bids for Robeco, and AMG Inc. [profile] is one of them.

Reporters Simon Mead and Jessica Toonkel say that the two other bids are from a PE consortium made up of Advent International and CVC and the Japanese firm Orix.

AMG has bid in partnership with European PE firm Permira and "plans to split up the business" if they win the bid, write Mead and Toonkel.

Spokeswomen for both Robeco and AMG declined comment to MFWire.

The newswire reports that Robeco was initially valued at less than 2 billion euros, but an unnamed source now thinks that the price could reach 3 billion.

If AMG and Permira win the bid, Toonkel and Mead think that AMG could take Robeco's U.S. businesses, which include Harbor Capital Advisors and Robeco Investment Management, while Permira would adopt its European operations, like Corestone and SAM Sustainable Asset Management

Edited by: Chris Cumming


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use