Reuters: Mergers News: Rabobank puts Robeco up for sale, value EUR 1.5-2 bln-media

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Rabobank puts Robeco up for sale, value EUR 1.5-2 bln-media Apr 27th 2012, 05:15 AMSTERDAM, April 27 | Fri Apr 27, 2012 1:15am EDT AMSTERDAM, April 27 (Reuters) - Dutch lender Rabobank plans to sell its fund management arm Robeco for between 1.5 and 2.0 billion euros as part of a reorganisation of its businesses, a Dutch newspaper reported on Friday citing unnamed sources. Rabobank has appointed Deutsche Bank and JP Morgan as advisers on the sale, Het Financieele Dagblad reported. Rabobank officials were not immediately available for comment.

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