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KEYWORD "takeover" - 100 RESULTS
OnTheMarket: 'We can still become the number one portal'

OnTheMarket (OTM) has hailed the progress made since its acquisition by CoStar Group and believes it can displace Rightmove. The US-owned real...

01 March 2024

From: Breaking News

North East agent adds new acquisition

Pattinson Estate Agency has announced its second acquisition in as many months. The North East brand has acquired Browns Estate Agents.  The news...

21 February 2024

From: Breaking News

Belvoir shareholders back TPFG merger

Belvoir shareholders have backed the agency brand's merger with The Property Franchise Group (TPFG), paving the way for the high-profile deal...

15 February 2024

From: Breaking News

TPFG shareholders back Belvoir deal

The majority of shareholders of The Property Franchise Group (TPFG) have backed a merger of the brand with Belvoir. TPFG and Belvoir...

09 February 2024

From: Breaking News

Barratt seals £2.5bn takeover of Redrow

The UK’s largest housebuilder has agreed a deal to acquire its rival Redrow. The £2.5bn deal, backed by both company boards, would...

08 February 2024

From: Breaking News

Leasehold reform bill returns to Parliament – will it be improved?

Parliamentary news may have been dominated by the fallout from the Rwanda Bill yesterday but another important piece of legislation also...

17 January 2024

From: Breaking News

Belvoir boss set to lose job in TPFG merger

The chief executive and chief financial officer of Belvoir will lose their jobs if the brand’s merger with The Property Franchise...

11 January 2024

From: Breaking News

OnTheMarket can still meet original aims of founders - claim

OnTheMarket (OTM) can still pursue its original aims of challenging the duopoly in the property portal market, its chief executive Jason...

13 December 2023

From: Breaking News

OTM founder: Agents have lost chance to control their own industry

The chance for estate agents to control their own industry has been lost for good, OnTheMarket founder Trevor Abrahmsohn has claimed. Writing...

11 December 2023

From: Breaking News

High court approves CoStar takeover of OnTheMarket

CoStar’s takeover of OnTheMarket was sanctioned by the high court yesterday, paving way for the portal’s shares to be delisted by...

08 December 2023

From: Breaking News

OnTheMarket boss: 'Our time is now'

OnTheMarket (OTM) chief executive Jason Tebb has declared “our time is now” after shareholders backed a takeover of the portal by...

05 December 2023

From: Breaking News

OnTheMarket shareholders vote for CoStar takeover

OnTheMarket shareholders have backed a takeover of the portal by US-owned property brand CoStar UK. It will bring an end to the...

04 December 2023

From: Breaking News

Takeover Panel rejects OTM critic's review request

OnTheMarket (OTM) critic Brett Stone has failed to get the Takeover Panel to intervene in the acquisition of the portal by...

01 December 2023

From: Breaking News

OTM critic targets asset manager in latest CoStar takeover attack

OnTheMarket (OTM) critic Brett Stone is still making last-ditch attempts to stifle a takeover of the portal by CoStar UK. Stone, a...

01 December 2023

From: Breaking News

OnTheMarket secures Glass Lewis backing for CoStar takeover

OnTheMarket (OTM) has secured more support for a takeover by CoStar UK. Proxy adviser Glass Lewis has given its backing to CoStar’s...

29 November 2023

From: Breaking News

Collapsed portals boost PropertyHeads' growth

Property social network and listings website PropertyHeads has staked a claim as the number four property portal in the UK. While much...

29 November 2023

From: Breaking News

Independent agent acquire rival after owners retire

Pattinson Estate Agency has acquired a rival brand. The independent agency has announced the takeover of Ryedales Estate Agents, a well-established agency...

28 November 2023

From: Breaking News

Proxy share vote adviser backs CoStar OTM deal

Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders back the CoStar UK takeover of OnTheMarket (OTM). The independent advisory firm...

27 November 2023

From: Breaking News

Agency rebrands two years after takeover

Robinsons Tees Valley Estate Agents is changing its business name following a change of ownership that actually took place two years...

27 November 2023

From: Breaking News

CoStar defends track record after open letter from OnTheMarket critic

CoStar has defended its operations after a third open letter from OnTheMarket critic Brett Stone attempted to derail the US property...

10 November 2023

From: Breaking News

Date set for OnTheMarket takeover vote

Agency shareholders of OnTheMarket will vote whether to accept a takeover approach from CoStar UK on 4 December. CoStar, owner of US...

08 November 2023

From: Breaking News

Mr and Mrs Clarke founders leave after ‘lovely’ Belvoir takeover

The founders of Mr and Mrs Clarke, who sold the business to Belvoir last year, have left the franchise brand and...

06 November 2023

From: Breaking News

Will OTM replace Rightmove?

By Simon Shinerock At the time of writing, Rightmove had a market capitalisation of just under £4 billion, down almost 15% on...

21 October 2023

From: Features

Could OnTheMarket takeover finally challenge Rightmove?

The potential takeover of OnTheMarket (OTM) by US property giant CoStar Group could finally provide a viable challenger for Rightmove, it...

20 October 2023

From: Breaking News

OnTheMarket accepts £100m takeover bid

OnTheMarket (OTM) has accepted a takeover offer for the business. A stock market announcement this morning, following its interim results, said Co-Star...

19 October 2023

From: Breaking News

OnTheMarket highlights 'challenging times' amid takeover rumours

OnTheMarket (OTM) has warned of a “challenging backdrop” for agents which may impact the portal’s annual revenue. It comes amid rumours, reported...

19 October 2023

From: Breaking News

Strike staff escape cuts as Purplebricks employees face restructure

Purplebricks staff are facing job cuts just months after the takeover by Strike. A spokesperson for Purplebricks has confirmed rumours that it...

07 August 2023

From: Breaking News

Property professionals unfazed about AI takeover

The majority of UK property professionals are confident that their job will not be replaced by artificial intelligence (AI). A survey by...

24 July 2023

From: Breaking News

Yopa boss: 'The online agent label is a misnomer'

The gap between online and traditional high street agents has shrunk, the chief executive of Yopa has claimed. Speaking at the Propertymark...

29 June 2023

From: Breaking News

Purplebricks set for stock market exit

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

16 June 2023

From: Breaking News

‘Exciting plans’ ahead as Strike completes Purplebricks takeover

The boss of new Purplebricks owner Strike has said he has “exciting plans” for the brands. It comes as Strike was officially...

05 June 2023

From: Breaking News

Shareholders back Strike takeover of Purplebricks

Shareholders have backed the sale of Purplebricks to online rival Strike. A general meeting was held this morning for shareholders to consider...

02 June 2023

From: Breaking News

Activist shareholder considering rival bid for Purplebricks

A rival offer could be on the cards for Purplebricks. The online brand has revealed that it has received an indicative proposal...

26 May 2023

From: Breaking News

GetAgent offers Purplebricks vendors ‘£300 lifeline’ 

Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...

12 May 2023

From: Breaking News

Strike and Purplebricks enter takeover talks

Online agent Strike has been granted an exclusivity period to negotiate a possible takeover of its rival Purplebricks. A late stock market...

10 May 2023

From: Breaking News

Purplebricks’ shares crash to new low after cash warning

Investors were licking their wounds yesterday after the Purplebricks’ share price plummeted by 60% off the back of warnings that it...

10 May 2023

From: Breaking News

Smoove confirms takeover approaches

Smoove has confirmed press speculation that it may be up for sale. The agency and conveyancing software provider issued a stock market...

25 April 2023

From: Breaking News

Belvoir ready to ‘splash the cash’ on agency acquisitions

Belvoir is seeking more acquisitions this year, the agency franchise brand has revealed. The company revealed in its annual results yesterday that...

28 March 2023

From: Breaking News

Purplebricks shares boosted by takeover rumour

News of a potential takeover gave Purplebricks’ share price a boost yesterday. Its share price rose 15.5% in a day after Estate...

16 March 2023

From: Breaking News

Purplebricks confirms interest from Strike

Purplebricks has confirmed that it has been in discussions with online agency rival Strike regarding a potential takeover offer. As reported by...

15 March 2023

From: Breaking News

Strike ‘interested’ in Purplebricks takeover

Online agency brand Strike is believed to be considering a bid for beleaguered rival Purplebricks. A source close to the talks has...

15 March 2023

From: Breaking News

Purplebricks backer removes board representative

A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...

07 March 2023

From: Breaking News

Purplebricks has received 'credible expressions of takeover interest'

Purplebricks has received “several credible expressions of interest” since putting itself up for sale last month, the online agent has revealed. The...

01 March 2023

From: Breaking News

Purplebricks share price plummets as former agent makes £1 takeover offer

Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...

21 February 2023

From: Breaking News

Proptech firm has ‘names on pages’ for more takeovers

Proptech firm iamproperty is hoping for more acquisitions this year as it plans to create a central ‘eco-system’ where agents can...

20 February 2023

From: Breaking News

Acquisition expert: How Dexters should manage its Marsh & Parsons deal

A property business acquisition expert has highlighted the challenges Dexters could face in its recent takeover of Marsh & Parsons. Dexters acquired...

13 February 2023

From: Breaking News

Agency duo combine to take ownership of London branch

Two members of Ellis & Co’s Mill Hill team have joined forces to takeover the office following the death of its...

19 December 2022

From: Breaking News

Zoopla supports Crisis at Christmas with homepage takeover

Zoopla’s homepage may look a little different from today. The portal is supporting homeless charity Crisis’s Christmas fundraising campaign with a homepage...

06 December 2022

From: Breaking News

London agency giant signals more acquisitions in 2022

Dexters is set for more acquisitions in 2022 as agents exit the sector amid concerns over new rules and regulations, its...

20 June 2022

From: Breaking News

The Property Franchise Group plans more agency acquisitions

The Property Franchise Group (TPFG) is planning more acquisitions after a busy 2021 for buying-up agencies. The umbrella property brand, which incorporates...

06 April 2022

From: Breaking News

Veteran agency boss stands down after 23 years with company

Glynis Frew will be stepping down as managing director of franchise giant Hunters from the end of this month after 20...

07 March 2022

From: Breaking News

Architect of Connells takeover of Countrywide quits

The man who engineered the takeover of Countrywide by Connells is leaving the agency’s parent company, the Skipton Building Society. David Cutter...

26 January 2022

From: Breaking News

Property Natter: half-year review – what has 2021 brought so far?

Well, we’re technically more than halfway through the year already, but we’ll let that slide. And what a year it’s been...

31 July 2021

From: Features

Hybrid agency promises to double in size within 18 months

EweMove, the high profile hybrid estate agency owned by The Property Franchise Group, says it has recruited a record 30 new...

16 June 2021

From: Breaking News

Property Natter – 5 ways estate agency has changed since May 2020

It’s now over a year since the property market officially reopened after an unprecedented two-month shutdown at the height of the...

22 May 2021

From: Features

Ex-Foxtons man slams “relentless culture” of some agencies

A former senior Foxtons and Douglas & Gordon agent has hit out at “the relentless key performance indicator culture” of some agencies. Matthew...

28 April 2021

From: Breaking News

Two of UK’s largest agency groups in mortgage link-up

The Property Franchise Group and LSL Property Services are linking up mortgage and related activity. This agreement means that LSL will be...

27 April 2021

From: Breaking News

Countrywide investor’s warning shot at underperforming Foxtons

The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...

20 April 2021

From: Breaking News

Adrian Gill – talking agency consolidation, PropTech, retail and Boomin

This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...

15 April 2021

From: Breaking News

Another agency takeover as industry consolidation goes on

Welsh independent agency Nuttall Parker has been snapped up by Cardiff-based property business Seraph Group. Newport-centred Nuttall Parker is Seraph Group's second...

01 April 2021

From: Breaking News

Watch: Ed Mead talks PropTech and Foxtons' acquisition of D&G

In a video interview for Estate Agent Today, property professional Chris Buckler speaks to Ed Mead,  all-round property guru and founder...

20 March 2021

From: Features

Foxtons set for more takeovers and new tech investment in data

Foxtons says it's set for radical new investment and further takeovers following the acquisition of rival London agency Douglas and Gordon. In...

10 March 2021

From: Breaking News

Countrywide boss in bonus storm is given key role in takeover

Paul Creffield, a veteran figure at Countrywide involved in a controversy over bonuses, is staying on to “support” the transition into new...

09 March 2021

From: Breaking News

Takeover fever continues as biggest agencies seal deals

The extraordinary consolidation in the estate agency industry continues apace today with two of the biggest deals reaching critical points. Firstly Hunters’...

08 March 2021

From: Breaking News

PropTech takeover - another big acquisition by epropservices

epropservices - parent company of The Guild and Fine & Country - has made another significant PropTech acquisition, its second in three...

05 March 2021

From: Breaking News

Takeover frenzy continues: Connells acquires another agency

Connells Group, which is of course acquiring Countrywide, has announced it's snapped up another agency - albeit a much smaller one. It...

04 March 2021

From: Breaking News

Foxtons in talks to buy rival London agency chain

Foxtons is in talks to takeover rival London agency Douglas & Gordon. A statement from Foxtons to shareholders this afternoon says: "Further to...

22 February 2021

From: Breaking News

 They’re Hired! 100 Apprentice agents pledge by London firm

Some 100 new apprentice estate agents are to be recruited in London. Dexters, which has 70 offices across the capital including 12...

09 February 2021

From: Breaking News

Property Natter – will 2021 be the year of the merger?

At the back-end of last year and the start of this, the biggest news stories in town – besides debates over...

30 January 2021

From: Features

Countrywide latest - Connells snap up rival shareholders’ stake

Connells, which already has the explicit support of a majority of Countrywide shareholders for its takeover of the company, has now...

26 January 2021

From: Breaking News

Why don’t agencies list on the stock market anymore?

There’s been a flurry of recent activity involving agencies quoted on the London Stock Exchange: Hunters, The Property Franchise Group and...

23 January 2021

From: Features

Decision Day for takeover talks between Hunters and Property Franchise Group

Today will see a firm decision on whether The Property Franchise Group will take over rival franchise network Hunters.  In early December TPFG...

22 January 2021

From: Breaking News

Countrywide - Connells consolidates takeover move with share purchase

Connells has cemented its takeover of Countrywide - it now has backing from over 52 per cent of shareholders. In a statement...

08 January 2021

From: Breaking News

Countrywide’s former management slammed by industry veteran

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

06 January 2021

From: Breaking News

Hunters takeover talks extended until late January

Hunters has agreed to extend the deadline for talks about a possible takeover by its rival, The Property Franchise Group. In early...

30 December 2020

From: Breaking News

Countrywide shares soar as company urges investors to sit tight

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

08 December 2020

From: Breaking News

Connells makes increased offer for Countrywide

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

07 December 2020

From: Breaking News

Private equity firm wanting control of Countrywide says it’s nearly there

The private equity company which wants to take control of Countrywide has issued a statement saying it now has the support...

04 December 2020

From: Breaking News

Takeover: Hunters gives January 1 deadline to Property Franchise Group

The Property Franchise Group has approached Hunters about a possible takeover. Confirmation came this morning in a statement from Hunters, which you can...

04 December 2020

From: Breaking News

2020 - The year of Boomin?

The agency industry may look back on this year and say: “Well...to be honest we didn’t really see it coming.” No, no,...

28 November 2020

From: Features

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Investors in Countrywide prepare for bargaining with Connells

Various investors in Countrywide have submitted early online paperwork to The Panel on Takeovers and Mergers - the red tape required to...

11 November 2020

From: Breaking News

Countrywide shares soar despite more branch closures

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

10 November 2020

From: Breaking News

Countrywide at risk of entering administration - claim

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

09 November 2020

From: Breaking News

Takeover Underway? - Connells begins bid to buy Countrywide

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

09 November 2020

From: Breaking News

Agency bought by hotel group pledging jobs growth

An estate agency in Lancashire has been taken over by a hotel group, which pledges to expand and create more jobs. Mikhail...

16 October 2020

From: Breaking News

Property Natter: why haven’t the Big 4 tech firms got involved with property?

For a number of years now, predictions have been made that one of the major tech giants will eventually enter the...

12 September 2020

From: Features

Autumn 2020 - seven things to watch

It’s no surprise the mainstream news remains dominated by coronavirus - not so much the actual effect of it right now,...

05 September 2020

From: Features

Agency spurred on by crisis to complete acquisition in weeks

A regional agency says the Coronavirus crisis was the opportunity for it to complete a takeover of a rival company in...

23 June 2020

From: Breaking News

Countrywide loses two-thirds of market cap in just two days

Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...

18 March 2020

From: Breaking News

Countrywide share price dives over 50% after takeover collapse

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...

16 March 2020

From: Breaking News

Disaster for Countrywide as LSL pulls out of takeover talks

In a very brief announcement to the City and to its shareholders this morning, LSL Property Services made clear that it...

16 March 2020

From: Breaking News

Purplebricks faces takeover as shares slump, predicts analyst

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...

16 March 2020

From: Breaking News

LSL warns over Coronavirus as takeover talks with Countrywide continue

LSL Property Services says the Coronavirus crisis has led to a softening of "lead sales indicators" - and it warns of...

10 March 2020

From: Breaking News

‘Agents will be a big part of Zoopla’s growth’ - Q&A with Charlie Bryant

More than 18 months on from the acquisition of ZPG for £2.2 billion by Silver Lake Partners, a US private equity...

29 February 2020

From: Features

First merger disclosure forms filed by Countrywide and LSL

Both Countrywide and LSL Property Services have submitted early online paperwork to The Panel on Takeovers and Mergers, an independent body...

26 February 2020

From: Breaking News

Countrywide faces crunch deadline for decision on its future

It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...

25 February 2020

From: Breaking News

Countrywide and LSL planning £500m 'super-agency' merger - claim

Sky News claims that Countrywide and LSL Property Services are discussing a merger to become a £500m super-agency.  In an exclusive it...

23 February 2020

From: Breaking News

Purplebricks in Canada - is it the agency’s secret success story?

Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...

18 October 2019

From: Breaking News

Online estate agents and digital malfunction

It never rains but it pours. And that’s certainly been the case for the online estate agency sector in the last...

03 October 2019

From: Features

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