Company Tag: Countrywide

Countrywide acquisition has proved to be a "great triumph" says Connells CEO David Livesey.

"PropertyFact was in the development stage long before any lockdown restrictions were in place," says CSS boss Matthew Cumber, "and the past 12 months have only emphasised just how vital technology is…

Countrywide Plc is due to disappear from the stock market next week, as a takeover by Connells Group forges ahead.

Connells has hired former Reapit CEO Gary Barker as Chief Technology Officer, and former Zoopla man Jon Notley to lead the integration of Countrywide into the group.

99.6% of Countrywide shareholders voted to approve Connells' £134m takeover deal yesterday.

Alchemy Partners has offloaded its 2.73% stake in Countrywide to Connells, having previously pitched itself as a rival bidder for control of the business.

Countrywide will hold a Special AGM next month to vote on the proposed Connells takeover.

Countrywide Plc's major shareholders are supporting an improved £134.4m offer by Connells Group to acquire a majority stake in the estate agency behemoth.

Connells says its new £112m offer is "significantly superior" to Alchemy's revised proposal - but Alchemy warns that "the potential for branch closures and job losses is significant" if Connells has…

Massive estate agency group takeover "unanimously rejected" by Countrywide, as another private equity deal is proposed.

More drama at Countrywide Plc. Peter Long has stepped down as Executive Chairman with immediate effect; Group Managing Director Paul Creffield has announced that he will retire next year;

Countrywide Plc has received "an indicative approach" from Connells Ltd to acquire "the entire issued and to be issued share capital" of the property services giant.