Countrywide accepts Connells second sweetened buyout offer
By Reuters Staff 2 Min Read FILE PHOTO: A Countrywide estate agency is seen in the West End of Glasgow, Scotland, Britain, June 25, 2018 REUTERS/Russell Cheyne/File Photo (Reuters) -Real estate agent Countrywide said on Thursday it had agreed to Connells Ltd’s sweetened buyout proposal after the realty management firm raised its offer for the second time, outbidding private equity firm Alchemy. The offer of 395 pence per share, revised from the initial proposal of 250 pence a share, gives the British company an enterprise value of about 223.1 million pounds ($304.06 million). The all-cash...