On 3 July 2019, the board of CBRE Group, Inc. (“CBRE”) and Telford Homes Plc (“Telford Homes”) announced that they had reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued share capital of Telford Homes by CBRE (or at CBRE's election, one or more direct or indirect wholly-owned subsidiaries of CBRE), (the “Acquisition”)….