Colony NorthStar sells Townsend to Aon

Colony NorthStar Inc has sold The Townsend Group, a provider of investment management and advisory services focused on real estate and real assets, to Aon plc. The sale price was $475 million, with Colony NorthStar nabbing estimated net proceeds of about $379 million. Morgan Stanley was the financial adviser to Colony NorthStar on the deal.

2 January 2018•2 mins read
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