Purplebricks
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Housing Market
Strike’s offer for Purplebricks being stifled by red tape – claim
Strike's offer to bail out beleaguered rival Purplebricks is thought to have hit the buffers due to limitations in the sales process.
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Housing Market
Strike in talks with Purplebricks about takeover bid
Purplebricks has given rival a deadline to put in a formal offer or withdraw following its recent 'for sale' announcement.
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Latest property news
Purplebricks deal ‘under threat as fine looms’ claims columnist
Reports suggest a penalty for breaking anti-money laundering rules could put a takeover of the ailing agency in jeopardy.
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Latest property news
Major Purplebricks shareholder steps down from board
Axel Springer's representative on the ailing agency's board has stepped down with immediate effect to avoid a possible conflict of interest.
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Latest property news
BREAKING: Purplebricks reveals ‘credible offers’ for the business
Hybrid agency says it is now moving into a formal offer period and that, once shareholders approve any deal, it will be sold.
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Latest property news
Worried Purplebricks vendors contact traditional estate agent over ‘sale’
Michael Bailey says many customers of the hybrid agency in his area are concerned that their sales contracts will be honoured after firm's 'for sale' news.
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Latest property news
Purplebricks ‘will probably survive’ industry expert predicts
Anthony Codling of Twindig told The Neg he would be surprised if Purplebricks didn't make it.
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Latest property news
BLOG: With Purplebricks in trouble again, is DIY estate agency dead?
Glentree International boss Trevor Abrahmsohn casts his eyes over the latest Purplebricks developments and ponders whether this is the end for DIY estate agency.
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Latest property news
Brutal industry reaction as Purplebricks looks for ‘new ownership structure’
When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.
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Latest property news
Purplebricks considers sale as instructions plummet and £20m losses loom
The agency may soon hang its own For Sale board up after instructions took a nosedive and it wrote off a further £1.2 million.
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