By David Parsley2020-10-22T07:58:00
The troubled estate agency group Countrywide has been handed a £90m lifeline from private equity group Alchemy Partners in a deal that removes the company’s chairman and installs a new chief executive.
The group, which owns high street agency brands such as Bairstow Eves and Fulfords, is also seeking to borrow an additional £75m loan from its existing lenders with a four-year term.
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