Rightmove announced on Friday that Connells sold its 18.1% stake in the business.
Rightmove shares dropped further by 11% closing at 163.25 pence.
Although this means Connells are out, it doesn't mean they are not still 'in'. At the same time Rightmove announced that they had sealed a deal with Connells to extend their contract through to 2012. For the full statement have a look at thisismoney.co.uk
No doubt the EAT website will be busy on Monday.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment