Catalist Partners News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Loved, loathed and once famed for its hungry approach, a major rebuild is afoot

Foxtons is being urged to open branches across the country to take advantage of Covid-induced changes in commuting and living.Investor Catalist Partners, which has taken a 2.3 per cent stake in the

Last modified on Thu 22 Apr 2021 14.42 EDT Foxtons has been hit by a pay revolt after 44% of its shareholders failed to back the award of a near £1m bonus to its chief executive while refusing to pay back millions of pounds in taxpayer-funded government support during the coronavirus. The London estate agent, which has received almost £7m in government furlough money for staff and business rates relief, said Nic Budden would still receive the payout despite the significant scale of the investor rebellion at its annual general meeting. Just under 40% of Foxtons shareholders voted against...

  On 31 December 2020, the boards of Connells and Countrywide announced that they had reached agreement on the terms of a recommended cash offer by Connells for Countrywide (the "Recommended Offer Announcement"), pursuant to which Connells will acquire all of the issued and to be issued share capital of Countrywide (the "Acquisition"), to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the "Scheme"). On 22 January 2021, Connells and Countrywide announced that a circular in relation to the Scheme (the "Scheme Document") had been published o...

  On 31 December 2020, the boards of Connells and Countrywide announced that they had reached agreement on the terms of a recommended cash offer by Connells for Countrywide (the "Recommended Offer Announcement"), pursuant to which Connells will acquire all of the issued and to be issued share capital of Countrywide (the "Acquisition"). Today, Connells is pleased to announce that it has acquired the entire shareholding of 1,919,995 Countrywide Shares held by Schroder Investment Management Limited ("Schroder"), representing approximately 5.85 per cent. of the existing issued ordinary share cap...