The deal, which many within the industry consider to be in Foxtons favour, includes the disposal of D&G's sales arm to CEO James Evans.
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Interview: Foxtons CEO explains D&G sales division sell-off
Nic Budden talks to The Neg about the deal which includes restrictive covenants and, in return, a cash bonus.
Read MoreFoxtons confirms purchase of rival Douglas & Gordon for £14.25m
After several weeks of talks, Foxtons has agreed the sale with D&G's owners the Talbot Willcox family.
Read MoreBoomin in funding talks with original Purplebricks backers and… estate agents
Purplebricks has confirmed it is in talks with a range of VC and industry backers including, says Sky News, DN Capital.
Read MoreAgent interview: James Evans, CEO, Douglas & Gordon
Douglas & Gordon’s CEO makes a rare media outing to tell Nigel Lewis why his estate agency will be better prepared for economic downturn.
Read MoreBranches WILL be important after Covid, says Douglas & Gordon CEO
James Evans says the industry should avoid making a 'knee jerk' reaction to the current challenges facing it.
Read MoreJon Cooke: Property industry has evolved “ten years in a few months during Covid”
CEOs of two major estate agency companies say Covid is driving huge changes to the way estate agents work that can't be turned back.
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