CBRE GROUP, INC. — Form 8-K

CBRE announced a definitive agreement to acquire Onnec Group Limited, a leading European and Asia Pacific data center infrastructure services provider, for an initial cash purchase price of £460 million (~$610 million), with a multi-year earnout of up to £300 million (~$400 million) contingent on growth targets. Onnec generated ~£370 million ($498 million) in revenue and ~£50 million ($67 million) in core EBITDA in 2027 (projected); acquisition expected to close year-end 2026, to be immediately accretive to core EPS, and expand CBRE's Critical Infrastructure Services segment to ~$4.5 billion in 2027 revenue.