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Cushman & Wakefield shareholders close ordinary share offering

Global real estate services firm Cushman & Wakefield PLC said a public offering of 16.5 million of its ordinary shares by certain shareholders closed March 22.

The offering, launched by shareholders including the Ontario Teachers' Pension Plan Board and affiliates of TPG Global LLC, carries a 30-day option for the underwriters to acquire up to 2,475,000 additional shares and was priced at $17.75 per share.