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Category: REA

  • Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group By Reuters

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    Investor Empires

    By Scott Murdoch and Aditya Govindrao SYDNEY (Reuters) – Britain’s biggest property portal Rightmove has rejected its offer to buy the Australian property listings company for 5.6 billion pounds ($7.32 billion) in cash and shares, the Australian property listings company Ria Group said on Wednesday. REA, in which Rupert Murdoch’s…

  • REA group eyes £4.4bn takeover bid for Rightmove

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    Investor Empires

    Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn bid to buy Rightmove, the UK’s leading online property portal. REA Group, listed on the Australian Securities Exchange, operates prominent real estate platforms such as realestate.com.au in Australia, and is expanding into markets across Asia,…

  • Australia’s REA Group considers buying UK-based Rightmove By Reuters

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    Investor Empires

    Australian property firm REA Group said on Monday it is considering acquiring London-listed rival Rightmove (OTC:) through a potential cash and share offer. REA Group, which is majority-owned by News Corp (NASDAQ:), said it had not yet contacted or held any discussions with Rightmove about a potential offer. Rightmove, Britain’s…