Finance / United States
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LaSalle To Buy Staubuch For US$613mn
June 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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On June 23, Jones Lang LaSalle, the world's leading real estate advisory firm, officially announced their much-speculated merger with Staubuch, stating that the two companies will combine operations in a US$613mn deal. Financial and professional services firm Jones Lang LaSalle will merge with privately held global real estate advisory firm Staubach Co for US$613 in cash and stock. Staubuch, based in Dallas, made their name servicing industrial and retail clients, assisting them in finding and leasing office space. They are among the US's top firms specializing in tenant representation.