Tuesday, 11 June 2019

Eastdil finalizes sale to Guggenheim, Singaporean investment firm

Eastdil Secured has finalized a deal for Guggenheim Investments and Singapore sovereign-wealth fund Temasek Holdings to take ownership stakes in the brokerage, the company announced Tuesday. Wells Fargo, which has owned Eastdil for two decades, will retain a minority stake. The deal values Eastdil at $400 million, sources told the Wall Street Journal, which first reported news of the deal.  



source https://therealdeal.com/2019/06/11/eastdil-finalizes-sale-to-guggenheim-singaporean-investment-firm/

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