07:28 AM EDT, 05/20/2024 (MT Newswires) -- Cushman & Wakefield ( CWK ) said Monday that it has launched a proposed underwritten public offering of approximately 26.5 million shares.

All of the shares are being offered by existing shareholders, and Cushman & Wakefield ( CWK ) will neither offer any shares nor receive any proceeds from the offering, according to the company.

The selling shareholders include funds affiliated with TPG and PAG Asia Capital, the company said.

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