TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (Altus Group) (TSX: AIF), a leading provider of asset and fund information for commercial real estate (CRE), today announced the expiration of regulatory waiting periods relating to the previously announced sale of its tax business. Altus Group’s global real estate subsidiary of Ryan, LLC. The parties expect the transaction to close on or about January 1, 2025, subject to customary closing conditions being met.
About Altos Group
Altus Group delivers information as a service to our global client base through a connected platform of industry-leading technology, advanced analytics and consulting services. Trusted by CRE leaders, our capabilities help commercial real estate investors, developers, lenders and advisors manage risk and optimize performance returns throughout the life cycle of assets and funds. Altus Group is a global company headquartered in Toronto with employees across North America, Europe, the Middle East, Africa and Asia Pacific. For more information about Altus Group (TSX: AIF) please visit altusgroup.com.
Forward-looking information
Certain information contained in this press release may constitute forward-looking information within the meaning of applicable securities legislation. All information in this press release, other than statements of current and historical facts, is forward-looking information. Forward-looking information includes information relating to the closing of the transaction. The forward-looking information contained in this news release is qualified by this cautionary statement. Forward-looking information is not and cannot be a guarantee of future results or events. Forward-looking information is based on, among other things, opinions and assumptions (including with respect to closing conditions) that, although considered reasonable by Altus Group on the date the forward-looking information is made, are inherently subject to significant risks and uncertainties. and contingencies and other factors that could cause actual events to differ materially from those expressed or implied by the forward-looking information.
For more information please contact:
Kamila Bartosevich
Chief Communications Officer, Altus Group
(416) 641-9773
[email protected]
Source: Altos Group Limited
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