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CBRE to Buy Johnson Controls Workplace Unit for $1.48B

CBRE to Buy Johnson Controls Workplace Unit for $1.48B
CBRE Group, Inc. (NYSE:CBG) today announced that it has agreed to acquire the Global WorkPlace Solutions facilities management business of Johnson Controls, Inc. (NYSE:JCI) for just under $1.48 billion cash. The purchase price in the transaction reported by CoStar and other news outlets earlier in March is $1.475 billion cash, [read more]
Source: CoStar Group, Inc. NewsPublished on 2015-03-31
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