Company Tag: Foxtons

It's been a rollercoaster of a first day on the stock market for Foxtons (FOXT) shares, as the company offered 60% of its equity to the world. The estate agency's share price rocketed by 19% to 274.

Shares in Foxtons have been described as "Marmite" by brokers, as Reuters reports that the estate agency's planned stock market float is already over-subscribed.

Today's the day that Foxtons formerly hangs out the For Sale sign, with an announcement that the estate agency will float at least 50% of its shares on the FTSE stock market.

One of HMRC's top brass, Ian Barlow, is joining the board of Foxtons as the estate agency preps for a major IPO, according to reports by Sky News.

When Accounts & Legal started a survey on which estate agencies made the most cash per agent, the assumption was that Foxtons' "army of negotiators" would trump the "more gentlemanly strategy" of other…

Rumours of a Foxtons stock market floatation have been bobbing around for some time now, but Sky News is tipping a potential public listing as early as next month.

A Foxtons float is looking ever-more imminent, as the infamous estate agency hires three banks to run its IPO process.