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CBRE eye up Bilfinger GVA in next big take-over of 2016

CBRE, the Green property giant, are in preliminary talks with Bilfinger to acquire GVA and the other property- related businesses under the German ownership. Talks are in the early stages and are being held in Mannheim, Germany the HQ of Bilfinger. At this stage no cost has been established, however Bilfinger GVA alone is thought to be worth up to £175 million; the final sum will be dependent on what other property related businesses are included in the deal.