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Countrywide formally terminates LSH £38m sale talks and pursues damages for non-performance

Says in active talks with alternative purchaser for well-known CRE adviser

Countrywide has confirmed that its sale of Lambert Smith Hampton, one of the UK's best-known and largest commercial real estate advisers, for £38m in cash to Monaco-based John Bengt Moeller has been terminated and it is pursuing Moeller for non-performance.

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