Davis Polk is advising Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) on its €1.935 billion sale of approximately 90.01% of the equity in Robeco Groep N.V. to ORIX Corporation. The closing of the transaction, which is subject to legal and regulatory approvals, is expected within six months.
Founded in the Netherlands nearly 110 years ago, Rabobank Group is a full-range financial services provider that operates on cooperative principles. Robeco, a global asset manager with approximately €189 billion of assets under management, offers a mix of investment solutions in a broad range of strategies to institutional and private investors worldwide. ORIX Corporation is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers.
The Davis Polk investment management team includes partner Gregory S. Rowland and associates Richard J. Egelhof and Kevin Johannsen. Partner Paul R. Kingsley and associate Alexander E. Lawrence are providing mergers and acquisitions advice. Partner Kathleen L. Ferrell and associate Sarah Joy are providing tax advice. Counsel Gerard Citera and associate Zachary J. Zweihorn are providing broker dealer advice. Members of the Davis Polk team are based in the New York and London offices.
