UK’s Purplebricks says was in talks to be bought by rival Strike

(Reuters) – Purplebricks Group, Britain’s biggest online-only estate agency, said on Wednesday it has been in talks to be bought by rival Strike Ltd, although its smaller rival was currently not participating in the formal sale process.

Purplebricks said earlier this month that the strategic review process it announced in February would include a formal sale process.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Savio D’Souza)

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