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PURP — Purplebricks News Story

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UK's Purplebricks says shareholder Lecram withdraws takeover bid

May 31 (Reuters) - Britain's Purplebricks Group Plc
 PURP.L  said on Wednesday Lecram Holdings, one of the company's
top shareholders, has withdrawn its takeover proposal for the
online estate agent. 
    The company said in a statement that Lecram has withdrawn
its proposal and at the current time does not intend to make an
offer for Purplebricks.

 (Reporting by Radhika Anilkumar in Bengaluru; Editing by
Shailesh Kuber)
 ((Radhika.Anilkumar@thomsonreuters.com;))

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