DTZ has offered $2bn to take over Cushman & Wakefield, according to rew-online.com, with Credit Suisse, Bank of America and Merrill Lynch hoping to finance the deal. The consortium would finance as much as $1.3bn of the $2bn takeover offer. If approved, it claims, DTZ would be the world’s second leading advisor after CBRE. Italy’s Exor group reportedly put C&W on the market a few weeks ago. Exor has previously stated that it does not intend to sell C&W to any of its competitors. The company has not commented on the DTZ bid.
