Finance

Purplebricks reveals takeover interest from Strike, but says pair not currently in talks

By 2023-03-15T09:47:00

Purple Bricks sale sign shutterstock_1336525940 William Barton

Purplebricks has told investors that it has held takeover talks with rival online estate agency group agency Strike, but that the firm is not currently involved in the “formal sale process”.

In a statement to shareholders on Wednesday, Purplebricks said: “Purplebricks confirms that it has been in discussions with Strike regarding their potential participation in the Formal Sale Process announced on 1 March 2023.

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