Countrywide bags £37.8m as profits dive

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Countrywide bags £37.8m as profits dive

Aidan Gregory
March 09, 2017 02:00 pm
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File photo dated 04/12/14 of a member of the public looking in the window of an estate agents in South Kensington, London. Chancellor Philip Hammond will deliver his Budget statement on Wednesday. | Daniel Leal-Olivas/PA Wire/PA Images

Countrywide, the UK estate agency group that owns Hamptons International and listings website Rightmove, raised £37.8m of new equity in an intraday sale on Thursday to strengthen its balance sheet after a drop in profits.

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