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HFF to Be Acquired by Jones Lang LaSalle for U.S. $2 Billion

Mar 19, 2019 - Targeted News Service
Mergers and Acquisitions

Dechert, a law firm, issued the following news release:

Dechert LLP acted as legal advisor to HFF, Inc. (HFF) in its definitive agreement with Jones Lang LaSalle Incorporated (JLL) to acquire the outstanding shares of HFF in a cash and stock transaction with an equity value of approximately US$2 billion.

The transaction is expected to close in the third quarter of 2019, subject to HFF shareholder approval and customary closing conditions. The transaction is not contingent upon receip...