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Bids, Mergers and Takeovers

Savills to complete acquisition of Aguirre Newman by end of Nov

28 July 2017 13:01

Savills has confirmed that its planned acquisition of Aguirre Newman for €67m is scheduled to complete by 30 November.

Commenting on the acquisition, Jeremy Helsby, Savills CEO, said: "The acquisition of Aguirre Newman combined with our existing Spanish business provides us with a significant footprint in Spain, a market where we see exciting long term growth opportunities. It follows Savills strategy to develop multi-service offerings and expand our presence in key Continental European markets."

At 1:01pm: (LON:SVS) Savills PLC share price was -8.5p at 900.5p

Story provided by StockMarketWire.com

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