Brokerage firm Compass to acquire Anywhere Real Estate for around $1.5 billion
Sept 22 (Reuters) - Brokerage firm Compass COMP.N entered an agreement on Monday acquire rival Anywhere Real Estate HOUS.N in an all-stock transaction worth about $1.5 billion, both the companies said.
The combined company is expected to have an enterprise value of approximately $10 billion, including the assumption of debt.
(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Sahal Muhammed)
((Aatreyee.Dasgupta@thomsonreuters.com;))
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