Commercial real estate brokerage Cushman & Wakefield, the reported subject of merger talks with rivals JLL and Newmark Group, said it’s on track to cut $400 million in annual expenses and has $2 billion in cash and credit available for acquisitions or other investments.
Cushman & Wakefield Says It Has Almost $2 Billion for Mergers or Other Investments
CEO Brett White: Pandemic Will Probably Accelerate Industry Consolidation
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