DTZ shareholders have approved the company’s purchase of the remaining 20% of DTZ Asset Management Europe which it did not already own.
The company said, following the approval, the transaction should complete tomorrow.
The agent announced in its full year results on 13 July that it intended to buy DTZ Asset Management Europe for €7.1m plus a deferred tax consideration based on future profits up to eight years, up to a maximum consideration of €22m.
nathan.cross@estatesgazette.com
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