Brief: Colliers To Invest In Leading Infrastructure Investment Firm

Colliers International

24/01/2022 12:55

Jan 24 (Reuters) - Colliers International Group Inc
 CIGI.TO :
    * COLLIERS TO INVEST IN LEADING INFRASTRUCTURE INVESTMENT
FIRM
    * ENTERED INTO AN AGREEMENT TO MAKE A STRATEGIC INVESTMENT
IN
BASALT INFRASTRUCTURE PARTNERS LLP
    * FINANCIAL TERMS WERE NOT DISCLOSED
    * COLLIERS - AS PART OF TRANSACTION, COLLIERS WILL ACQUIRE
75% OF
BASALT FROM ITS FOUNDERS AND A SIGNIFICANT THIRD-PARTY FINANCIAL
INVESTOR
    * SENIOR LEADERSHIP TEAM WILL RETAIN 25% OF EQUITY

Source text for Eikon:  ID:nGNX9G43gY 
Further company coverage:  CIGI.TO 

 ((Reuters.Briefs@thomsonreuters.com;))