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IN BRIEF: Connells Buys Alchemy's Countrywide Stake

Mon, 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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