TPG's Broker Deal Is at Best Time, Cushman CEO White Says

Updated on
  • Private equity firm completes $2 billion purchase from Exor
  • Low cost of capital helps create third-biggest brokerage

Turmoil in global markets has made it an opportune time for TPG to buy property brokerage Cushman & Wakefield Inc. and combine it with the private equity firm’s DTZ unit, the new company’s chief executive officer said.

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