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.
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