NETHERLANDS - Cordares Group, the e17.5bn Dutch asset management company for the building industry has acquired ASW, the e3.5bn company for pension funds in the house renting business, to create one of the largest pension fund management companies in the Dutch market with total assets of e21bn.
The Cordares/ASW is the second big deal in as many months to hit the market following the Philips/Merrill Lynch Investment Managers (MLIM) deal, which saw Philips sell its e13.5bn pension fund comp...
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