Cushman & Wakefield struck a deal to sell roughly 5 percent of the company’s shares to a unit of China’s largest real estate firm of its planned initial public offering. Cushman agreed to sell 10.2 million shares in the company through a private placement deal to a unit of China Vanke based in Hong Kong, paperwork filed with the Securities and Exchange Commission Wednesday shows. Vanke agreed to purchase the shares at whatever price the […]
source https://therealdeal.com/2018/07/25/china-vanke-agrees-to-buy-5-stake-in-cushman-ahead-of-ipo/
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