Countrywide rejects Connells’ £82m takeover bid
Massive estate agency group takeover "unanimously rejected" by Countrywide, as another private equity deal is proposed.
Connells confirms £82m Countrywide takeover bid
"Countrywide needs new ownership, not yet another speculative scheme that is based on hope rather than experience," says Connells boss David Lindsey, as his firm completes due diligence and confirms its…
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.
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.
Most read
International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
£80mn mansion sale reported in Chelsea
American fashion mogul linked with 'UK’s most expensive deal of the year'
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
Knight Frank reports £162mn pre-Budget deal surge
'It was all-guns-blazing last week', reports London resi sales boss Rory Penn.
Prime London property agents expect ‘surge’ of American enquiries as Trump returns to the White House
Luxury property advisors report increased interest from wealthy Americans looking for residences in the UK.
Why the US election could ‘open the flood-gates’ for international real estate investment
'This coming US election will be more than just a decision on leadership - it could signal a new phase of high demand for international real estate,' says Parisian buying agent Susie Hollands.
Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Charles Curran: ‘It is still business as usual’ in PCL despite the Budget’s ‘selection of crackers taxes’
Last week's Labour Budget was 'driven by ideology, penalising those they simply did not need to tax or tax further,' argues top-end estate agency boss Charles Curran.
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
London’s super-prime market ‘remains resilient’ as international buyers secure trophy homes
£10mn-plus deals were flowing in PCL during Q3 as top-end purchasers reacted to some political certainty.
LATEST ARTICLES
The Buying Solution boosts London & Country teams with senior hires
Top buying agency adds two new partners.
Buyer sought for ‘one of the most iconic & expansive properties in the South of France’
Previously listed at €80mn, Villa Alang Alang is going to best bids later this month, with the price tag reduced to €45mn.
Rightmove reports stronger than expected ad revenue
But membership growth is at the low-end of projections.
Katharine Pooley: Eight property & design trends to watch this winter
'The new luxury is less about square footage and more about convenience'
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes