Rabobank weighs bids for asset manager Robeco -sources
By Simon Meads and Jessica Toonkel
LONDON/NEW YORK, Oct 10 (Reuters) - Dutch bank Rabobank
is weighing three offers for its asset management arm Robeco as it has to choose between bids to split the 2 billion euro ($2.6 billion) plus business or keep it whole, people familiar with the situation said.
The Netherlands' largest retail bank received bids from a private equity consortium of Advent International and CVC , and a second from Japanese financial services group Orix for the whole of the asset management unit that spans Europe and United States.
It received a third bid from Boston-based asset manager AMG Inc , which in partnership with Permira plans to split the business up, the people said.
(Additional reporting by Sara Webb in Amsterdam; editing by Douwe Miedema)