Colliers International Group Inc. (TSX:CIGI) entered into an agreement to acquire an unknown controlling stake in Pangea Property Partners AS on September 6, 2022. Pangea will merge with ColliersÆ existing company-owned operations in Sweden, become the new company-owned operation in Norway, and re-brand as Colliers. PangeaÆs partners, together with the existing leadership team of Colliers Sweden, will retain a significant equity stake in the combined business under ColliersÆ unique partnership model.

Sten Bauer of Baker & McKenzie Advokatbyrs KB acted as legal advisor to Colliers International Group Inc. (TSX:CIGI).