Deal Snapshot
FOXTONS GROUP ACQUIRES 100% OF LONDON STONE PROPERTIES FOR GBP 2.2M
Tuesday 03 March 2020

London-based estate agency Foxtons Group plc (LSE: FOXT) has acquired the entire issued share capital of independent estate agent London Stone Properties Ltd. and its subsidiary company London Stone Property Sales Ltd. for GBP 2.2m (USD 2.8m), the company said.

Foxton's acquired the property from its owner and founder Hilary Stone on a cash and debt free basis, of which GBP 0.2m (USD 0.25) is deferred for a period of 12 months.


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Details
Date Published: 03/03/2020
Target: London Stone Properties, London Stone Property Sales
Country: UK
Deal Size: 2.8m (USD)
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor:
Buyer: Foxtons Group plc
Comment:


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