Rat and Mouse
Tue
12
Dec
The big estate agent buy-out

3i (the giant private equity firm) have just agreed to buy Countrywide (the giant UK estate agency) for a giant £941 million. 3i has apparently been watching the UK property market, and fancies a piece. Let's hope they've got there in time. Countrywide owns 1,200 branches, and its MD is called Harry Hill. What are the chances of that, eh? More here.


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