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CBRE Group closes $1.475bn Johnson Controls acquisition

CBRE Group last night closed the for c. $1.475bn acquisition of Johnson Controls Global Workplace Solutions business, a facilities management group, enabling the world’s largest real estate services company to enhance their competitive position in occupier services while amassing circa $3.0bn in annual revenues.
By James Wallace
September 2, 2015 | 12:26 P.M.

“This is a very exciting step for CBRE,” said Bob Sulentic, the company’s president and chief executive officer.

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