secwatch.observer — SEC 8-K summary
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Issuer:     CBRE GROUP, INC. (CBRE)
CIK:        0001138118
Form:       8-K
Filed at:   2026-10-20T21:04:25+00:00
Accession:  0001193125-26-426827
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

CBRE to acquire Onnec for £460M cash plus up to £300M earnout, expanding data center services
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138118/000119312526426827/0001193125-26-426827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138118/000119312526426827/cbre-20261020.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-426827

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