Monday 25 June 2018

Cushman & Wakefield to propose IPO of its shares

KUALA LUMPUR, June 21 (Bernama) -- Cushman & Wakefield has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on the proposed initial public offering of its ordinary shares.
The number of shares to be offered and the price range for the proposed offering have not yet been determined, a statement said.
Among the book-running managers and representatives of the underwriters for the offering includes Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC, UBS Investment Bank, Barclays Capital Inc and others.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus can be obtained at Morgan Stanley & Co LLC (New York, NY), J.P. Morgan Securities LLC (Edgewood,NY), Goldman Sachs & Co LLC (New York, NY) and UBS Securities LLC (New York, NY).
Prior to the closing of the proposed offering, the company will restructure from DTZ Jersey Holdings Ltd to a public limited company -- Cushman & Wakefield plc -- incorporated in England and Wales.
-- BERNAMA

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