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Detainees? Mental Health Is Latest Legal Battle
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Restless In The City, With Down-Home Accents
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An Appraisal: A Chronicler Of Alienated Europeans In A Flimsy New World
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Whole World In His Hands
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World Business Briefing: Britain: Bid For Real Estate Firm


The buyout firm Apollo Management said it might offer nearly $2 billion in cash and stock for Countrywide, the largest chain of real estate brokers in Britain. Apollo said it planned to offer 505 pence ($9.86) in cash for each Countrywide share, plus shares in Rightmove, a company in which Countrywide holds a stake. The offer values Countrywide shares at about 590 pence ($11.52) each, or a total of about £1 billion ($1.95 billion). Countrywide shareholders have rejected a £1.02 billion takeover bid from the 3i Group, a private equity firm.

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