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CBRE shares rise nearly 3% on announcement of Onex Group acquisition

The Motley Fool +1 ·

CBRE CBRE Group Inc
$134.23 +2.65%
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  1. 1CBRE has signed a definitive agreement to acquire Onex Group.
  2. 2The initial acquisition price for Onex Group, to be paid in full in cash, is £460 million ($613 million).
  3. 3CBRE shares closed up nearly 3% on Tuesday.

So what's the key point?

CBRE has signed a deal to buy Onex Group. Following this news, CBRE shares rose by nearly 3%.

Source The Motley Fool +1 · View original ↗

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