StockMarketWire.com - Estate agency LSL Property Services confirmed it was in talks to make a possible share-based takeover bid for rival Countrywide.
Under market rules, LSL must make a bid by 23 March or walk away.
At 9:09am:
[LON:CWD] Countrywide Plc share price was +2.2p at 342.4p
[LON:LSL] LSL Property Services PLC share price was -5p at 336p
Story provided by StockMarketWire.com
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.