other material
confidence high
sentiment neutral
materiality 0.40
Cushman & Wakefield selling shareholders launch 26.5M share offering at $11.72; company receives no proceeds
Cushman & Wakefield Ltd.
- Selling shareholders (including TPG and PAG Asia Capital) offer 26,513,041 ordinary shares; Cushman & Wakefield is not selling any shares.
- Company will not receive any proceeds from the secondary offering; J.P. Morgan is sole underwriter.
- Shares offered at prevailing market prices; last reported price on May 17, 2024 was $11.72 per share.