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Friday, December 13, 2013

EU mergers and takeovers (Dec 13), (NYSE: CBG)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- German aluminium firm Trimet Aluminium AG and French utility EDF to take control of two aluminium plants in France from Rio Tinto Alcan Group (approved Dec. 13)-- U.S. property consultancy CBRE Group Inc to purchase British company Norland Holdings Ltd (approved Dec. 13)

CBRE Group, Inc, is a holding company that conducts all of its operations through its indirect subsidiaries. Shares of CBG traded higher by 0.85% or $0.21/share to $24.93. In the past year, the shares have traded as low as $18.89 and as high as $25.69. On average, 3041880 shares of CBG exchange hands on a given day and today's volume is recorded at 147679.