Saturday, Jan 09, 2010
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Telegraph: BC Partners counts £100m cost of buying Foxtons at peak of house prices
"BC Partners ill-timed acquisition of Foxtons has cost it close to £100m after it was forced to put in new cash to retain a stake in the estate agency business following a rescue deal after it had written off its original investment".
Posted by alan @ 04:01 PM (728 views) Add Comment
3 Comments
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2. wiltshire said...
It's a funny old world isn't it? I remember the sale being discussed on here when it happened and people here were suggesting it was a little late in the day to be buying Foxtons. Yet, BC Partners couldn't see what was bleedingly obvious. Crazy crazy days.
3. inbreda said...
off the subject a little but what ever happened to that journalist who went into property developing - Syarra Begg was it?