Countrywide confirms takeover approach

The UK’s largest estate agency chain today confirmed it had received a preliminary takeover approach from an unnamed suitor.

Countrywide confirms takeover approach
Mon, 05 Feb, 2007 - 09:24

The UK’s largest estate agency chain today confirmed it had received a preliminary takeover approach from an unnamed suitor.

The news follows speculation over the weekend that US-based private equity firm Apollo Management was preparing a £950m (€1.4m) offer for the group.

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CourtsBusinessHeathrowPlace: UKPlace: USPlace: EssexPlace: BritainPerson: Wilson BowdenPerson: McCarthyOrganisation: Apollo ManagementOrganisation: ApolloOrganisation: 3iOrganisation: Bairstow EvesOrganisation: Mann & Co.Organisation: Barratt DevelopmentsOrganisation: PersimmonOrganisation: WestburyOrganisation: Countrywide
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