Deals
Bonderman’s TPG Near $2 Billion Deal for Cushman & Wakefield
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David Bonderman’s TPG Capital is close to a deal to buy commercial property brokerage Cushman & Wakefield Inc. for about $2 billion and combine it with DTZ Group, creating one of the world’s biggest real estate services firms.
TPG is in advanced discussions with Cushman and its owners, Exor SpA, the Agnelli family’s Italian holding company, according to people familiar with the matter. An agreement could be announced as soon as next week, the people added.