Tie-up between owners of Hamptons International and Your Move could result in job losses
Two of Britain’s biggest estate agency groups are in talks over a possible £470m merger that will bring together well-known brands such as Hamptons International and Your Move and could also mean job losses.
In a brief statement to the stock market, Countrywide said that “it is in discussions with LSL Property Services regarding a possible all-share combination”. LSL issued a similar statement, and added: “LSL reserves the right to introduce other forms of consideration and/or vary the mix or composition of consideration of any offer.”
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