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

Commercial Agent Talk

London office workers want better workspaces, not free lunches

The latest research by BPS London has found that London office workers are more interested in better quality workspaces than superficial perks such as free breakfasts and lunches, with 63% saying they would be more willing to work from the office more regularly if their workplace was more modern, comfortable and better equipped. BPS London commissioned a…
Read More →
Breaking News

The hottest prime property markets outside of London

The latest analysis from Enness Global has revealed that whilst London continues to dominate England’s prime property market, Elmbridge ranks as the nation’s leading hotspot outside of the capital when it comes to homes sold for £3m or more. Enness Global analysed Land Registry transaction data, looking at where homes sold for £3m or more…
Read More →
Breaking News

Breaking Property News 21/4/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The SaaS squeeze: Why AI is the greatest threat proptech has ever faced The core shift from software to intelligence   Thought Leadership by Andrew Stanton CEO Proptech-PR ‘For the better part of two decades, the proptech sector has ridden the same wave that transformed fintech,…
Read More →
Estate Agent Talk

Unmodernised property opportunities dwindle

Jonathan Samuels, CEO of Octane Capital, believes that the shrinking supply of unmodernised property stock is making specialist refurbishment finance more important than ever, as investors increasingly need to move quickly in order to secure the remaining opportunities available. Octane Capital analysed current listings of unmodernised properties across England and compared current stock levels to…
Read More →
Letting Agent Talk

London Marathon route showcases London rental market

Rents range from £1,500 to £6,000 per month The latest research from London lettings and estate agent, Benham and Reeves, has found that the London Marathon route offers a striking snapshot of the capital’s rental market, with average rents ranging from just £1,500 per month at some points of the course, to as much as…
Read More →
Breaking News

Section 21s continue to rise ahead of looming ban

The latest research industry insight from LegalforLandlords Section 21 “no-fault” evictions continued to rise in 2025, increasing by 1.7% following a sharp 20.4% surge the previous year. This sustained growth highlights landlords’ continued reliance on Section 21 notices, raising important questions about how possession will be regained once they are outlawed under the Renters’ Rights Act,…
Read More →