{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-426827","form_type":"8-K","ticker":"CBRE","cik":"0001138118","company_name":"CBRE GROUP, INC.","filed_at":"2026-10-20T21:04:25+00:00","discovered_at":"2026-10-20T21:06:00.289871+00:00","generated_at":"2026-10-20T21:06:02.634722+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CBRE to acquire Onnec for £460M cash plus up to £300M earnout, expanding data center services","bullets":["Initial purchase price £460M (~$610M) in cash, plus multi-year earnout of up to £300M (~$400M) tied to Onnec growth thresholds.","Onnec expected to post ~£370M ($498M) revenue and >£50M ($67M) core EBITDA in 2027; deal immediately accretive to CBRE core EPS.","London-based Onnec (founded 1986, ~800 employees) designs, deploys and maintains network, fiber and data center infrastructure for hyperscalers in UK, Europe and APAC.","CBRE sees its Critical Infrastructure Services line at nearly $4.5B of 2027 revenue, lifting total infrastructure services revenue to almost $7.0B.","Subject to customary regulatory approvals; closing expected around the end of the year. J.P. Morgan advised CBRE, Goldman Sachs advised Onnec."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-426827","json":"https://secwatch.observer/filing/0001193125-26-426827.json","markdown":"https://secwatch.observer/filing/0001193125-26-426827.md","text":"https://secwatch.observer/filing/0001193125-26-426827.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138118/000119312526426827/0001193125-26-426827-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138118/000119312526426827/cbre-20261020.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-20T21:06:02.634722+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}