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Orix May Buy US Asset Management Firm - Bloomberg News

DOW JONES NEWSWIRES Japan's Orix Corp. (8591.TO) said it is considering buying a U.S. asset management company to add equities to its portfolio, Bloomberg News reported Thursday, citing an interview with deputy president Haruyuki Urata. Urata said his company is in talks with several firms, but declined to elaborate, the report said. "We want to diversify our products and client network by expanding into equity investments and attracting Asian investors," Urata said, according to the report on the Bloomberg website. Full story: http://www.bloomberg.com/news/2011-10-06/orix-may-buy-u-s-asset-management-firm-to-enter-equity-market.html?cmpid=bit

Stock News for Orix (IX)
DateTimeHeadline
04/28/201416:50:32Hartford to Sell Japanese Insurance Unit
02/19/201302:10:25Orix Buys Asset Manager Robeco From Rabobank
02/14/201305:20:04Orix In Final Talks To Buy Robeco
10/15/201220:30:26Orix, Macquarie Said to Lead Robeco Bids
10/06/201102:30:56Orix May Buy US Asset Management Firm - Bloomberg News

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