Estate agency to defend takeover deal (Financial Times) (Estate Agents)
Estate agency to defend takeover deal (Financial Times)
The chairman of Countrywide, Britain’s largest estate agent, is to write to shareholders this week defending a 940m takeover deal. The letter is aimed at blocking Artisan Partners’ recent attempt to halt a planned takeover deal from a management team backed by 3i Group.
This year’s must-have: a 4,000 book for the designer coffee table (Guardian Unlimited)
The publishing business has got a fashion label - and its name is Gloria.
Property agent calls top of house market (Financial Times)
A leading estate agent has called the top of the property market, claiming an influx of sellers “motivated by greed” is increasing the supply of homes for sale and creating a vicious circle that will send prices lower in 2007.
Sold out! Agent left without a single home to sell as the market booms on (Evening Standard)
If you wanted to buy a home in one sought-after corner of the capital, you might have been disappointed if you went house-hunting in the run-up to Christmas.
(AFX UK Focus) 2007-01-07 14:15 GMT: US fund Artisan aims to thwart 3i-backed MBO of Countrywide - report (Interactive Investor)
LONDON (AFX) - The American investment giant Artisan is trying to halt the 940 mln stg management buyout of Countrywide PLC, the UK’s largest estate agent, the Sunday Times reported.
Countrywide boss backs bid (Independent)
The chairman of Countrywide, the country’s largest estate agents, will this week urge shareholders to back a 950m takeover in the wake of criticism by a US investor.
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