June 9, 2017 / 1:08 PM / 2 months ago

BRIEF-CBRE Group to acquire majority stake in Caledon Capital Management

June 9 (Reuters) - Cbre Group Inc

* CBRE Group, inc. Announces definitive agreement to acquire majority stake in caledon capital management

* CBRE Group inc - ‍caledon will be renamed cbre caledon capital management inc​

* CBRE Group-‍caledon will operate as separate business unit under cbre's independently operated investment management subsidiary, cbre global investors

* Caledon management team will continue to manage business and will maintain significant long-term ownership Source text for Eikon: Further company coverage:

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