PropertyEU

Polygon raises its stake in Countrywide

By A staff reporter 2007-03-27T00:00:00

Hedge fund Polygon Investment Partners has increased its stake in Countrywide from 14.6% to 22.7%. The move has taken place just before the UK's biggest estate agency Countrywide is due to decide about a £1 bn takeover offer by the US private equity group Apollo, the Financial Times newspaper reported.

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