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OnTheMarket signs listing agreement with Persimmon

Tue, 12th Nov 2019 14:03

(Sharecast News) - Online real estate portal OnTheMarket has signed a listing agreement with housebuilder Persimmon.
As part of the agreement, Persimmon will list all of its residential developments at OnTheMarket from both its Persimmon and Charles Church consumer brands.

Helen Whiteley, commercial director of OnTheMarket, said: "Persimmon is a highly successful business with wide geographic reach. It builds a broad range of properties and is committed to supporting the sustainable growth in new home construction that the country needs.

"Following the agreement with Barratt Developments which we announced in September, this latest agreement further broadens our advertiser base and increases our relevance to active buyers in the market, while addressing the opportunities in the new homes market."

Persimmon, which sold 16,449 new homes last year, provides a wide variety of homes at a range of price points in over 350 locations across the UK, with a focus on first-time buyers and first-time movers.
More News
12 Dec 2023 17:25

CoStar sends warning shot to Rightmove after sealing OnTheMarket deal

(Alliance News) - CoStar Group Inc on Tuesday fired a warning shot to UK online property website, Rightmove PLC, after announcing the acquisition of OnTheMarket PLC had been completed.

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4 Dec 2023 21:22

IN BRIEF: OnTheMarket shareholders vote for GBP99 million takeover

OnTheMarket PLC - Aldershot, Hampshire-based property listing website - Says that shareholders voted for its takeover at its annual general meeting Monday. In October, OnTheMarket said it had agreed to a takeover from indirect CoStar Group Inc subsidiary CoStar UK Ltd for around GBP99 million. CoStar is a Washington, DC-based online real estate marketplace, information and analytics provider in the commercial and residential property sector. Says the special resolution was approved by 98% of shareholders.

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28 Nov 2023 16:53

TRADING UPDATES: Upland Resources completes technical study at Sarawak

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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24 Nov 2023 11:46

OnTheMarket says independent adviser recommends takeover by CoStar

(Alliance News) - OnTheMarket PLC on Friday said that an independent proxy adviser recommended the company to be acquired by CoStar UK Ltd, a subsidiary of CoStar Group Inc.

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9 Nov 2023 13:29

OnTheMarket's CoStar offer "not in UK national interest" - Brett Stone

(Alliance News) - OnTheMarket PLC's proposed GBP99 million takeover by CoStar Group Inc is "not in the UK's national interest", according to letters sent on Thursday by Brett Stone, an investor who offered to invest more than GBP50 million in OnTheMarket last year.

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9 Nov 2023 12:48

Investment activist Brett Stone urges OnTheMarket shareholders to reject CoStar deal

(Sharecast News) - Investment activist Brett Stone on Thursday urged OnTheMarket shareholders to reject a £99m takeover by US commercial real estate information group CoStar, arguing the deal is "opportunistic" and "significantly" undervalues the company.

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19 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks fall as risk sentiment remains downbeat

(Alliance News) - Stock prices in London closed lower Thursday, as investors were unable to shake off nerves around US interest rates, as well as the uncertain geopolitical situation in the Middle East.

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19 Oct 2023 12:10

LONDON MARKET MIDDAY: Conflict worry and bond sell-off hurts stocks

(Alliance News) - Stock prices in Europe were lower heading into Thursday afternoon, with the fear that tensions between Israel and its Middle Eastern neighbours could reach a boiling point.

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19 Oct 2023 11:14

OnTheMarket agrees to GBP99 million CoStar takeover, swings to loss

(Alliance News) - OnTheMarket PLC shares soared on Thursday after it agreed to a takeover from indirect CoStar Group Inc subsidiary CoStar UK Ltd for around GBP99 million.

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19 Oct 2023 10:37

AIM WINNERS & LOSERS: OnTheMarket surges on CoStar takeover

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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19 Oct 2023 09:32

Rightmove tumbles as OnTheMarket agrees £99m takeover by CoStar

(Sharecast News) - Rightmove tumbled on Thursday after smaller rival OnTheMarket agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

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19 Oct 2023 08:55

LONDON MARKET OPEN: Rentokil, Rightmove, Mondi weigh on FTSE 100

(Alliance News) - Stock prices in London opened lower on Thursday, amid some disappointing updates from large-cap companies, which added to a gloomy market sentiment amid rising US Treasury yields and growing consternation in the Middle East.

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19 Oct 2023 07:57

OnTheMarket to be taken over by CoStar in £99m deal

(Sharecast News) - OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

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19 Oct 2023 07:57

OnTheMarket to be taken over by CoStar in £99m deal

(Sharecast News) - OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

Read more
19 Oct 2023 07:57

OnTheMarket to be taken over by CoStar in £99m deal

(Sharecast News) - OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

Read more

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