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CWDMon, 25th Jan 2021 21:19
Countrywide PLC - estate agent - Suitor Connells Ltd acquires further 2.7% stake in Countrywide, buying all 895,360 shares in company owned by Alchemy Partners. Connells now owns or has received support for over 55% of Countrywide shares. Alchemy on Friday confirmed that it will no longer make an offer for Countrywide.
Current stock price: 391.20 pence
Year-to-date change: up 0.2%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
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(Sharecast News) - Connells has increased its offer for Countrywide to lodge a cash bid valuing the estate agent company at £112.1m excluding debt.
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