Purplebricks
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Purplebricks shares rally following rumours of US fund takeover
The hybrid agency's stock rallied by 5.2% yesterday to nearly £1 a share on the back of speculation about its future.
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Rumours circulate that major US equity firm considering Purplebricks purchase
Francisco Partners is thought to be considering a purchase of the ailing hybrid agency's UK operation only.
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Purplebricks appoints new interim CEO in the US
Company says former No.2 at the business is to work at creating a new strategy for the hybrid agency in America and stem its huge losses there.
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Hedgefund bets again on online agencies as it buys up Purplebricks stock
Toscafund has backed HouseSimple and EasyProperty in the past but has now increased its shareholding in Purplebricks.
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Online agents – “do vendors understand what they’re paying for?”, asks TV presenter
Phil Spencer says cost isn't everything when choosing an estate agent to sell a property, as he launches podcast guide for homebuyers.
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Purplebricks share price crashes to nearly £1 after shock announcement
News that founder Michael Bruce had left Purplebricks and its Australian operation was to close send stock into a tailspin.
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UBS downgrades Purplebricks amid worries over Oz operation and mounting losses
Investment bank also reckons the hybrid agency will have to ask investors for another £100m to cover losses at Oz and US businesses.
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Latest property news
Purplebricks’ founder Kenny gets personal with UK customer complaints
Buyer of house with serious structural problems tell The Negotiator he was surprised to get through directly to hybrid agency's co-founder.
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Latest property news
Will Purplebricks ever make a group profit, asks investment guru
Edward Sheldon of The Motley Fool ponders future of the hybrid agency as its backer and former City star Neil Woodford struggles.
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Latest property news
Purplebricks now a ‘superbrand’ alongside Rightmove and best-known agents
Hybrid agency has made it into an official list of best brands in the UK after being named as one of the 'fastest growing' tech disruptors.
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