Source: Reuters (via feed)
Global real estate company Savills said on Thursday that it would acquire real estate investment bank Eastdil Secured. The acquisition price values Eastdil Secured at $1.1 billion on an enterprise basis. This valuation includes the existing debt of Eastdil Secured. No further details on the transaction were provided.
BizTrendWire Insight:
Savills announced a purchase agreement to acquire Eastdil Secured at an enterprise value of $1.1 billion, inclusive of debt.
Savills announced a purchase agreement to acquire Eastdil Secured at an enterprise value of $1.1 billion, inclusive of debt.
