Countrywide accepts Connells offer, shares surge
31st Dec 2020 08:54
(Sharecast News) - Countrywide shares surged on Thursday after the estate agent accepted a sweetened takeover offer from rival Connells which values the group at more than £134m.
Read moreConnells ups Countrywide bid to £112m
7th Dec 2020 07:58
(Sharecast News) - Connells has increased its offer for Countrywide to lodge a cash bid valuing the estate agent company at £112.1m excluding debt.
Read moreAlchemy reveals shareholder support for Countywide deal
4th Dec 2020 13:47
(Sharecast News) - Alchemy Partners said it had the support of almost 45% of Countrywide's shareholders for its proposed offer for the company.
Read moreCountrywide rejects Connells offer
2nd Dec 2020 09:28
(Sharecast News) - Countrywide said on Wednesday that it has rejected a possible 250p a share takeover approach from real estate management company Connells and that it is in talks with private equity group Alchemy Partners about a possible cash injection.
Read moreCountrywide shareholders reject rescue plan, chairman quits
24th Nov 2020 11:28
(Sharecast News) - Countrywide's recapitalisation plans were thrown into disarray on Tuesday after shareholders rejected a £90m offer from Alchemy Partners.
Read moreCountrywide surges after Connells makes 250p a share approach
9th Nov 2020 07:26
(Sharecast News) - Countrywide shares surged on Monday after it said real estate management company Connells had made an early stage approach to buy the real estate agent for 250p a share in cash.
Read moreCountrywide secures £90m lifeline after striking deal with Alchemy, shares slide
22nd Oct 2020 08:14
(Sharecast News) - Countrywide has secured a £90m lifeline, the estate agent and property services firm confirmed on Thursday, as it looks to cut debt and shore up its balance sheet.
Read moreCountrywide transactions increase following easing of lockdowns
26th Jun 2020 08:47
(Sharecast News) - Residential property services provider Countrywide said on Friday that it had lost around 30% of its income due to the Government's lockdown measures, but added that it has seen increased transactions in the housing market following the easing of social distancing rules.
Read moreCountrywide earning rise in first four months of 2020
21st May 2020 10:22
(Sharecast News) - Countrywide said earnings at continuing operations for the first four months of 2020 were well ahead of the year before as the estate agent group reported an increase in underlying profit for 2019.
Read moreCountrywide in talks with LSL about possible merger
24th Feb 2020 07:33
(Sharecast News) - Estate agent Countrywide confirmed on Monday that it is in talks with Marsh & Parsons owner LSL Property Services about a possible all-share merger.
Read moreCompletion of Countrywide's LSH sale delayed
7th Feb 2020 10:36
(Sharecast News) - Countrywide Properties was in the red on Friday as it said completion of the sale of its commercial arm had been hit by delays.
Read moreCountrywide share consolidation becomes effective
30th Dec 2019 14:39
(Sharecast News) - Countrywide confirmed on Monday that its share consolidation had now become effective.
Read moreCountrywide to sell commercial business, announces share consolidation
29th Nov 2019 09:51
(Sharecast News) - Countrywide has agreed to sell its commercial business, Lambert Smith Hampton, to John Bengt Moeller for £38m in cash.
Read moreCountrywide appoints Bruce Marsh as COO
8th Oct 2019 13:11
(Sharecast News) - Countrywide has appointed Bruce Marsh as its new chief operating officer.
Read moreCountrywide's H1 earnings to take ?5m hit from Brexit uncertainty
30th Apr 2019 09:43
(Sharecast News) - Integrated property services group Countrywide warned on Tuesday that first-half adjusted earnings will be down around £5m on the year as markets take a hit from Brexit uncertainty, but adjusted earnings for the year should be in line with the board's expectations.
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