Anywhere Real Estate Stock Soars 51%. It's Being Bought by Compass. -- Barrons.com

Dow Jones
Sep 22

By Nate Wolf

Compass reached an agreement to acquire Anywhere Real Estate in an all-stock transaction that will create a $10 billion residential real estate platform.

Anywhere shareholders will receive 1.436 shares of Compass Class A common stock for each share of Anywhere common stock, representing a value of $13.01 a share. The deal values Anywhere at around $1.46 billion.

Anywhere stock was soaring 51% to $10.69 in premarket trading. Compass stock fell 13% to $8.15.

"By bringing together two of the best companies in our industry, while preserving the unique independence of Anywhere's leading brands, we now have the resources to build a place where real estate professionals can thrive for decades to come," said Compass CEO Robert Reffkin in a statement.

Refkin, who co-founded Compass, will continue leading the combined company after the merger, which is expected to close in the second half of 2026.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

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September 22, 2025 07:31 ET (11:31 GMT)

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