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TODAY'S OTHER NEWS

Channel 4 link to possible Emoov and Tepilo merger

Sky News says online estate agents Emoov and Tepilo are in talks about a ‎merger - and if it happens the company could be floated on the stock market and could in theory rival Purplebricks. 

Sky says that a deal is likely “within days” and will involve acquisition of an unnamed third-party estate agent, as well as a multimillion pound deal with Channel 4's Commercial Growth Fund which provides free airtime on the broadcaster in return for equity stakes in technology start-ups.

Sky says the deal would create a firm valued‎ at in excess of £100m. 

It says Cenkos Securities, an investment bank, has been lined up to take the company public.

Sky says it believes both the Emoov and Tepilo brands would be retained if the merger takes place.

You can see the full Sky News story here.

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