Is Cushman & Wakefield On the Block?

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

CushmanWakefieldlogoThe merger talk in corporate leasing and property management is heating up with word that the Agnelli family through their Ifil Holding Company may be looking to purchase Cushman & Wakefield. The  valuation of the company is a little under 1 billion dollars so this would be a substantial purchase.

Italy’s Agnelli family is considering a return to investing in the US and is negotiating to take control of Cushman & Wakefield, the real estate services company. The Agnellis, who founded Fiat and still own 30 per cent of the Italian industrial group, once owned 20 per cent of Manhattan’s Rockefeller Center but pulled back to concentrate on European investments in the late 1990s. They have lately been looking again at opportunities in the US and in Asia.
Japan’s Mitsubishi Estates owns 70 per cent of Cushman & Wakefield, a stake that could be worth up to $650m, analysts estimate. Talks are well advanced, people close to the negotiations said, but there are still obstacles to overcome and other potential bidders involved. via Financial Times Business News

Related posts:
  1. 50 Cent Web Site Says Baby Momma House Fire Not His Fault

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • I also found on craigslist a home in Avon, Hartford County, Connecticut, with pictures. Then when I received the following ...
      Dan D | 13Mar10 | More
    • I want to know how many of you voted for "Good Ole Change"??? HAHA! How's that change working out for ...
      GOTTA LAUGH | 13Mar10 | More
    • Nina, although you seem like the ultimate heartless bitch I still sincerely pray that you are never in poor Mr. ...
      john | 12Mar10 | More
    • This is a sign that the crisis is passing. Residential and office should be released soon.
      Millena Trust | 12Mar10 | More
    • It sounds like it really depends on consumer confidence then. I feel like if people do start spending their money ...
      Fort Collins Realtors | 12Mar10 | More
    • THIS IS COMPLETELY UNFAIR! My accountant told me this today! So we took a risk in 2008 to buy our ...
      SOUNFAIR | 12Mar10 | More
    • This was sent to my husband when he responded to an ad. Hello, It is a great pleasure that to ...
      LONNITA | 11Mar10 | More
    • The "real estate rebound" is on the horizon. The April 30th incentive deadline is something is only going to ...
      Joe Carfora | 11Mar10 | More
    • Living in Missouri for such a long time, I am shocked that no Missouri cities have made the list... Apparently ...
      Lake of the Ozarks Real Estate | 11Mar10 | More
    • omg where is maine? Like a lot of cities in Maine are pretty safe. Cept portland lewiston or agusta yaknow
      aaron | 10Mar10 | More
  • Statistics

  • Friends

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner