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ITV buys Purplebricks stake in return for advert space

ITV buys Purplebricks stake in return for advert space
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Purplebricks plummets as Lecram withdraws takeover offer

Purplebricks Group PLC shares dropped on Wednesday, after Lecram Holdings Ltd withdrew its offer for the online estate agent. Solihull, England-based Purplebricks shares were down 21% to 0.50 pence. | May 31, 2023

Lecram Holdings withdraws takeover bid for Purplebricks

Lecram Holdings - an investment vehicle run by Adam Smith - put forward a 0.5p per share proposal last Friday, valuing the embattled company at around £1.5million.

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