Exor, the holding company of the Italian Agnelli family owning 72% of Cushman & Wakefield, said on Thursday that it is providing a $50 mln credit line to the real estate broker after it unveiled a loss for 2008 of EUR 20.2 mln. In its full year results published on Thursday, the group said it has approved a three-year subordinated credit line of $50 mln for its C&W subsidiary. The transaction which will be finalised shortly, it added.
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