Publications

TPG, PAG to sell remaining ownership stakes in Cushman & Wakefield
Transactions - MAY 21, 2024

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

TPG, PAG to sell remaining ownership stakes in Cushman & Wakefield

by Andrea Zander

Cushman & Wakefield has disclosed in a Monday SEC filing that TPG and PAG Asia Capital plan to sell their combined 26.5 million shares in the firm.

The selling shareholders include funds affiliated with TPG and PAG Asia Capital, according to the release.

Cushman & Wakefield is not offering any ordinary shares. All of the ordinary shares are being offered by existing shareholders, and Cushman & Wakefield will not receive any of the proceeds from the offering.

Forgot your username or password?