Orix to buy majority stake in UK-based Gravis

04 December 2020 - 12:00 am UTC

Japan’s Orix will acquire a majority stake in the UK-headquartered asset manager Gravis Capital Management in its latest global infrastructure push.

The Tokyo-based company said on its website today that it has agreed to buy a 70% stake in Gravis during the first quarter of 2021 pending regulatory approvals. Orix did not disclose what it paid for the shareholding.

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