A Force in Property widens it’s reach – Connells eats ups Countrywide

January 1, 2021

Take overs happen frequently across the business world from those simply prime for buy outs having impressed seniors above them to those finding themselves sinking and optimum for cash offers… The property industry is very much alive and kicking in this area with many such take overs and mergers in recent years.

One big example to report on is Connells purchase of Countrywide. Both giants in the industry and household names – High streets across the country would see these brand names in eye view and Yahoo Finance can now report on this major happening in UK property news headlines: “Troubled estate agency Countrywide has agreed to a takeover by rival Connells in a deal valuing the group at more than £134 million.”

A fair price has now been agreed following previous failed offers including £3.25 offered in early December and an initial £2.50 share approach previously – £3.95 is the now agreed take over magical number.

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

affordable houses glasgow
Breaking News

Consistent support for apprenticeships helps construction

The Government has announced a £725 million package of reforms to the apprenticeship system, including £140m for a Mayoral pilot programme. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “The consistent messaging from politicians that apprenticeships should be valued as highly as degrees is fantastic and will be of great benefit…
Read More →
Christmas Decorations - Good or Bad for Selling
Estate Agent Talk

6 tips for a stress-free Christmas move

With an average of 87,000 home sales taking place during the month of December, Property DriveBuy has compiled practical advice for those due to complete this festive season, a time already known for being one of the busiest and most emotionally charged periods of the year. Despite this bringing the potential for a more stressful…
Read More →
new build homes colchester essex
Estate Agent Talk

Why 2026 could be the year the market turns

How policy, land and confidence will shape the recovery By Tim Foreman, Managing Director of Land and New Homes, LRG In property sales there are people who need to move and people who want to move. In the last few years, only those who have had to move have been active. Once conditions improve, those…
Read More →
Estate Agent Talk

Why Dumpster Rentals Simplify DIY Kitchen Demolition Projects

Taking on a DIY kitchen demolition project can be both exciting and overwhelming. Whether you’re updating your kitchen’s layout, replacing old cabinets, or knocking down walls, the demolition phase generates a significant amount of debris—everything from broken tiles and drywall to old cabinets and countertops. Managing this waste efficiently is crucial to keeping your project…
Read More →
Breaking News

Zoopla’s 2025 Year in Property: Rural dreams, fastest moving markets and an optimistic end to the year

It’s been a popular year for rural living, with a three-bed detached home in South-West Wales taking the top spot for the most viewed property. The average time to sell in 2025 was 38 days, up from 35 days in 2024. Three-bed terraced properties were the most popular property type. Falkirk in Scotland remains the…
Read More →
Christmas Decorations - Good or Bad for Selling
Breaking News

87,000 transactions set to complete in December

Here’s 6 tips for a stress-free Christmas move With an average of 87,000 home sales taking place during the month of December, Property DriveBuy has compiled practical advice for those due to complete this festive season, a time already known for being one of the busiest and most emotionally charged periods of the year. Despite…
Read More →