Latest news with #biddingwar
Bloomberg
14 hours ago
- Business
- Bloomberg
Home Depot Seeks to Buy GMS in Challenge to QXO Bid, WSJ Says
Home Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building-products distributor, the Wall Street Journal reported Thursday. The offer from Home Depot, the world's largest home-improvement retailer, is for an undetermined sum, the Journal said, citing people with knowledge of the matter.
Wall Street Journal
15 hours ago
- Business
- Wall Street Journal
Home Depot Bid Kicks Off a Battle for $5 Billion Building-Products Company
Home Depot HD -0.50%decrease; red down pointing triangle has made an offer for building-products distributor GMS GMS 10.61%increase; green up pointing triangle, kicking off a potential bidding war between the home-improvement giant and serial dealmaker Brad Jacobs, according to people familiar with the matter. The exact price Home Depot has privately discussed paying for GMS couldn't be determined.
The Sun
4 days ago
- Business
- The Sun
Rare 20p coin sells for more than 622 times its face value on eBay – here's how to check if you have one
A RARE 20p coin with a highly unusual error has sold on eBay for a whopping 620 times its face value. The Royal Mint coin carries an error as a result of a weak strike during the minting process. 1 This makes it extremely valuable for collectors. It comes after a rare Peter Rabbit 50p coin recently sold on the online market place site for more than 5,000 times its value. Described as 'very nice and interesting' coin, the 20p piece inspired a mini bidding war among collectors, prior to selling for almost £125. The description of the listing on eBay said: 'Striking machines are set so that the dies have a limited travel, this is done to stop the dies crashing into each other in the absence of a coin. 'It's my understanding that this coin was struck on a badly set machine, or a trial piece used in set up. 'Only the higher raised detail of the dies connected, which make the lower details of the coin. Therefore, lower fields are shiny and well formed, but raised detail is absent. 'These higher unstruck areas show the correct dull and marked finish of a pre struck coin as a result of the polishing process. 'The coin clearly shows the round nature of 20p blanks prior to being struck. A very nice and interesting error coin indeed.' The coin collected 13 bids, before selling for 622 times its face value for £124.48. The 20p Coin you should check for What makes a coin valuable? The 50 pence piece has become the most valued and collected coin in the UK, with many collectable designs appearing on its heptagonal canvas. Its 27.5mm diameter makes it the largest of any British coin, and allows space for decorative pictures. It has often been used to celebrate big events over the past 50 years of British history. The rarest coins tend to be of the greatest value, with the mintage (number of coins with each design made) being the fundamental attraction for collectors. Along with the design, other aspects of the coin which increase value are the condition of the coin and whether it has an error in its design, such as the 20p coin above. The way in which it is sold can also determine the coin's value - while some coin collectors will bid vast amounts of money on eBay or at auction, others opt for more robust valuations by selling via a coin dealer. How to sell a rare coin If you have managed to get your hands on a rare coin, there are a few ways you can go about selling it. Online platforms such as eBay, Facebook marketplace, or trading apps can be easy to use – but there are risks. Scammers may try and target sellers with this trick – they'll say they are keen to purchase the item and ask for money upfront for a courier. They have no plan on collecting the item and are only using the courier to grab free cash. When buying or selling on Facebook Marketplace it's advisable to meet up in person – make sure this is a safe space and avoid payment links. Many sellers will choose to handle cash when meeting to limit the risk of scams. To ensure the ultimate safety you can sell rare coins at an auction. This can be done through The Royal Mint's Collectors Service which has a team of experts who can help you authenticate and value your coin.
Daily Mail
29-05-2025
- Business
- Daily Mail
Britain's most disgusting house full of beer bottles, filth and rubbish goes on the market for £300,000 after the mother of all clean-up jobs
A house once branded Britain's most disgusting house, overflowing with beer bottles, filth and rubbish, has undergone an extraordinary transformation and is now on the market for £300,000. Thousands of beer bottles, cans and plastic cartons were stacked in towering piles in the living room of the three-bedroom home. From the outside, the home had a forgotten, even haunted impression with thick ivy running wild, snaking its way around the sides of the property and creeping over the roof and windows. Stepping through the front door, potential buyers were met with a chaotic scene of newspapers, plastic bags, and assorted debris scattered everywhere. Beneath their feet, the floors were buried beneath a thick, layer of carrier bags, discarded milk cartons, and decaying food wrappers, creating an unsettling mosaic of neglect. Some rooms were so cluttered and blocked off that no one had been able to fully enter them. This was bound to be the sort of transformation which would take more than just a pair of rubber gloves, a bin bag, and some elbow grease. And yet, in spite of the overwhelming squalor and the mountains of rubbish choking the floors, this forsaken dwelling ignited a fierce bidding war when it went under the hammer in November 2021—proving that even the most disgusting homes can hold a glimmer of hope. LIVING ROOM, BEFORE AND AFTER: Thousands of beer bottles, cans and plastic cartons stacked in towering piles the living room of the three-bedroom home OUTSIDE, BEFORE AND AFTER: Thick ivy grew out of control and wrapped itself around the side of the house and along the roof and windows Bidding began at £110,000 and buyers placed offers in £5,000 increments before a proxy bid saw the auction soar to £145,000. But it has now undergone a major transformation into a stunning family home with a modern kitchen and vibrant rooms. It has been rewired and even has a new roof too. And now, as the house is about to hit the market again, new pictures have emerged of a completely transformed property. The current owner has transformed the once dilapidated house into a stunning family home with ample living space and a large corner garden. The house, in Plymouth is on the market with Purplebricks and advertised on Rightmove. It has an asking price of £300,000 - over double what it sold for its previous state. The house had fallen into disrepair after its owners had died and their son was unable to cope with the upkeep of the property THE LANDING: And when potential buyers stepped inside the front door, they were greeted with newspapers, plastic bags and other debris The old listing read: 'The property requires renovation and remedial work throughout.' The new one says: 'A beautifully presented, recently refurbished semi-detached house. 'With a new roof, new plumbing, gas central heating and complete re-wire. 'Once named 'Britain's most disgusting home', the current owner has transformed this property to a simply stunning family home with ample living space and a large corner garden. 'With a large open plan lounge with wood burner/diner, a large kitchen/breakfast room, downstairs WC, three bedrooms with master en-suite and a family bathroom.'
News.com.au
26-05-2025
- Business
- News.com.au
Californian bungalow in Newport sells post-auction after two buyers face off for keys
A young family has snapped up a renovated Newport home for $10,000 above the top of its price guide after a two-way bidding war that saw the home passed in and sold within minutes. The four-bedroom Californian bungalow at 15 Steele St was listed with a $1.19m-$1.26m price guide and ultimately sold for $1.27m after negotiations with the leading bidder post-auction. The Agency's Leigh Melbourne said while four or five parties had contracts in hand, just two families actively competed for the home, one from Melbourne's western suburbs and another from regional Victoria hoping to buy a base for their adult children in the city. RELATED: REIV CEO Kelly Ryan announces shock departure Melb home's surprise link to Sooshi Mango Melb family's bold plan for six-figure rate cut win 'We opened with a vendor bid at $1.2m and it passed in at $1.25m, but there was a really positive feel in the crowd of about 50, and we got it done soon after,' Mr Melbourne said. The winning bidders, a young family, whom Mr Melbourne said had been drawn to the home's flexible floor plan, spacious backyard and walking distance to Mason St, Newport Station and local schools. 'It's in a really tightly held pocket of Newport. Sacred Heart Primary is literally at the end of the street, and Newport Lakes Primary backs onto the property. That school zone access was a huge driver,' he said. Blending modern functionality with classic character, the kitchen features stainless-steel appliances and a striking brick fireplace surround. The family-friendly backyard includes a cubby house and paved entertaining zones, perfect for kids and weekend relaxation. The Agency agent said the result reflected a market still performing well under $1.3m, with changes to super tax rules and stamp duty encouraging some landlords to offload. 'There's healthy stock in the early-to-low $1m range right now, and that's opening doors for more first-home buyers and young families to get in,' Mr Melbourne said. He added that this week's Reserve Bank rate cut had already started lifting buyer activity. Sunlit open-plan living connects directly to the garden, with timber floors and seamless indoor-outdoor flow. The main bathroom combines vintage charm with bay windows and period-style finishes, true to the home's Californian Bungalow roots. 'We've noticed an uptick in midweek open numbers. Buyers are cautiously optimistic — some are making moves now on the chance rates will be even lower by settlement in 90 days,' he said. The double-storey home blends period charm with modern convenience and includes a separate parents' retreat upstairs with its own ensuite and balcony, plus an undercover deck, backyard cubbyhouse and open-plan living zones. Leafy street appeal and traditional lines define the façade of this Newport home, moments from schools, parks and Newport Station. One of four bedrooms, this ground-level room offers natural light, polished floors and flexible family appeal. Mr Melbourne said the buyers could move in immediately or update further down the line. 'It's one of those homes that gives you lifestyle and potential in one hit,' he said. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Melb hardware hero stared down prison with a sausage sizzle Private slice of country paradise up for grabs Trade turmoil: Aussie's home dream crushed Originally published as Californian bungalow in Newport sells post-auction after two buyers face off for keys
