LONDON (Alliance News) - Countrywide PLC said Thursday Hosking Partners LLP now holds a 5.5% stake in the estate agent.
Hosking Partners' holding in Countrywide prior to the transaction was not reported.
The investment company now holds an interest in 89.9 million of Countrywide's 1.64 billion issued shares.
Shares in Countrywide were down 2.9% Thursday afternoon at 12.63 pence each.