CBRE to Buy 60% Stake in Turner & Townsend in $1.3 Billion Deal
Wall Street Journal, July 27, 2021–Peter Grant (subscription)
CBRE Group Inc. has cut a deal to make one of its largest acquisitions ever, paying roughly $1.3 billion, or £960 million, for a 60% stake in Turner & Townsend Holdings Ltd., one of the world’s largest managers of infrastructure, natural-resources and real-estate construction projects.
https://www.wsj.com/articles/cbre-to-buy-60-stake-in-turner-townsend-in-1-3-billion-deal-11627381801?
