Connells bids to buy Countrywide
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.
What to read next
Connells’ takeover of Countrywide confirmed
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.
Change at the top as Countrywide proposes a massive private equity ‘recapitalisation’
Countrywide Plc has announced a proposed "recapitalisation of the business" with a £90m private equity injection creating a new controlling shareholder, contingent on a new Chairman and CEO.
A year after buying Countrywide, Connells Group reports £1bn turnover & record profits
Countrywide acquisition has proved to be a "great triumph" says Connells CEO David Livesey.
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