The new company will act under a new name, to be chosen in the following period by taking part of the two local companies’ names.

 

Last year, DTZ, supported by the investment fund TPG (Texas Pacific Group), agreed the takeover of Cushman&Wakefield for two billion dollars.

 

The new created company lead to annual revenues exceeding five billion dollars and 250 offices in more than 50 countries. (Source: zf.ro)