Cushman & Wakefield’s Public Offering of 10 Million Ordinary Shares
November 12, 2019
Cleary Gottlieb is acting as counsel to TPG, PAG Asia Capital, and Ontario Teachers’ Pension Plan Board, as selling shareholders, in Cushman & Wakefield’s underwritten public offering of 10 million ordinary shares at a price to the public of $18.35 per share.
All of the ordinary shares are being offered by existing shareholders, and Cushman & Wakefield will not receive any of the proceeds from the offering. Morgan Stanley is serving as sole underwriter. The offering priced on November 12, 2019, and is expected to close on November 14, 2019.
For more information, please see the press release here.