M/21/039 – CBRE/Turner & Townsend
The proposed acquisition by CBRE Group, Inc. of an indirect controlling interest in Turner & Townsend Holdings Limited has been cleared by the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Friday July 30, 2021||Tuesday, August 17, 2021|
|Parties Involved||Business activities|
|CBRE Group, Inc.||
CBRE Group, Inc. is a commercial real estate services and investment firm. CBRE Group, Inc. offers a range of services to occupiers, owners, lenders and investors in commercial real estate, including office, retail, and industrial real estate.
|Turner & Townsend Holdings Limited||
Turner & Townsend Holdings limited is the holding company for the Turner & Townsend group of companies, of which the principal operating company is Turner & Townsend Limited, a UK-incorporated company based in Leeds. It is active in the supply of construction and management consultancy services, specialising in advising customers in the real estate, infrastructure and natural resources sectors.
|Economic sector||Media merger|
|Real Estate Services||No|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Monday, August 16, 2021|
|Current status: Completed|
|Cleared (Phase 1)|
|Authorised Officer Assigned||Contact Details|
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