Countrywide PLC - Chelmsford-based estate agent - Suitor Connells Ltd reaffirms 250 pence per share, or GBP81.8 million, approach for Countrywide after completing due diligence work. Says making of firm offer hinges on Countrywide board recommendation and shareholder support. Notes Countrywide faces risk of administration without capital injection.
Current stock price: 230.00 pence
Year-to-date change: down 26%
By Eric Cunha; ericcunha@alliancenews.com
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