SVLPF - Colliers International: This Spinoff Could Run Out Of Steam
[Please note that all amounts are in U.S. dollars.]
Colliers International Group $70.30 (Nasdaq symbol CIGI; Manufacturing & Industry sector; Shares outstanding: 37.8 million; Market cap: $2.7 billion; www.colliers.com) is a global real estate services company headquartered in Toronto, Canada. The company commenced trading on the Nasdaq and Toronto stock exchanges in its current form in June 2015 but its origins date back to 1898 when Macaulay Nicolls was founded in Vancouver, Canada.
In 2004, FirstService, a company started by Jay Hennick, the current Chairman of Colliers, acquired the largest operations of Colliers.