UGL of Australia to Sell Property Management Arm for $1.15 Billion “The Australian engineering services company UGL said on Monday that it had agreed to sell the property management business DTZ to a consortium of investors, including the Ontario Teachers’ Pension Plan and the private equity firms TPG Capital and PAG Asia Capital, in a deal that values the business at 1.22 billion Australian dollars, or about $1.15 billion.” (The New York Times) Apartment ...

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