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LSH Owner Countrywide Throws Out Connells Bid; Continues to Study Revised Alchemy Proposal

Alchemy Known to be Keen to Retain and Invest in LSH; Countrywide Also Exploring Capital Raise
CoStar News
December 2, 2020 | 7:55 AM

Lambert Smith Hampton parent Countrywide has thrown out a takeover bid from rival estate agent Connells saying it continues to review a revised financial restructuring proposal from UK private equity group Alchemy Partners as well as a capital raise from existing shareholders.

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  • Properties
    • UK House

      2 Great Titchfield St, London, LND