Triodos Exits Cambodia-based ACLEDA Bank (Asia)
Source: Enclude Capital Advisory UK
Investment fund manager Triodos Investment Management, a subsidiary of Triodos Bank, has divested a six percent equity stake in Cambodia-based commercial bank ACLEDA Bank, which finances micro-, small- and medium-sized businesses. Structured through three separate funds managed by Triodos, the stake was sold to Japan-based financial services group ORIX Corporation. Financial details of the transaction were not disclosed.