Connells takes aim at Countrywide with £82m bid

By David Parsley2020-11-09T08:51:00

Troubled estate agent group Countrywide is in talks with rivals Connells over a potential takeover that would value the company at more than £82m.

The firm told investors this morning that it had received an initial offer of 250p per share from Connells, well above its closing price of 145p last week.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue