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Countrywide accepts new £130m takeover offer

Owner of Hamptons International and Bairstow Eves estate agents agrees new offer from Connells

The estate agency group Connells has struck an agreed offer for Hamptons International owner Countrywide after raising its bid to £130m.

The boards of Connells, part of Skipton Building Society, and Countrywide, the UK’s biggest listed estate agency group, said they had agreed terms of a recommended cash offer at 395p a share. Connells made an initial offer of 250p a share in early November and raised this to 325p a share a month later.

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