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top shareholders, has withdrawn its takeover proposal for the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The company said in a statement that Lecram has withdrawn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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