Agnelli family to sell Cushman and Wakefield
New York-based real estate firm Cushman & Wakefield, owned and controlled by Italy’s Agnelli family, has been put up for sale and is expected to fetch $2 billion.
The deal is thought to be part of a capital raise so the Agnelli family can make further acquisitions in the automotive industry.
According to Bloomberg, Chinese conglomerate Fosun International is also among several companies considering a bid for the 98-year-old company.