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Foxtons in talks to buy rival agent Douglas & Gordon

Feb 22 (Reuters) - UK property agency Foxtons confirmed on Monday it was in talks for a potential deal to buy rival agent Douglas & Gordon.

Shares of the company, which last year tapped markets for additional cash and furloughed employees, fell 10% after it also said any final deal would be funded through existing cash.

Reporting by Pushkala Aripaka in Bengaluru; Editing by Aditya Soni

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