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

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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue