8-KItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
CBRE to acquire Onnec for $610 million to expand data center services
Filed with the SEC on · Summarized by InvestorsBot
CBRE agreed on October 20, 2026, to acquire Onnec Group Limited for an initial cash payment of £460 million, or approximately $610 million, plus an earnout of up to £300 million, or about $400 million. Onnec is expected to generate approximately $498 million of revenue and $67 million of core EBITDA in 2027, with the transaction expected to be immediately accretive to CBRE’s core EPS; closing is expected around year-end, subject to regulatory approvals.