Rightmove, Mergers and acquisitions, Rupert Murdoch, News Corporation, Business, Housing market, Real estate, Financial sector, UK news, Business, Australia news Business | The Guardian
FTSE 100 firm turns down fourth offer from the Australian property company REA GroupBusiness live – latest updatesRightmove has rejected a £6.2bn takeover offer from REA Group, the Australian real estate firm backed by Rupert Murdoch’s News Corp.The UK property portal told the City on Monday morning that its board had turned down REA’s fourth offer, having concluded it was “unattractive and materially undervalues Rightmove”. Continue reading…
FTSE 100 firm turns down fourth offer from the Australian property company REA Group
Business live – latest updates
Rightmove has rejected a £6.2bn takeover offer from REA Group, the Australian real estate firm backed by Rupert Murdoch’s News Corp.
The UK property portal told the City on Monday morning that its board had turned down REA’s fourth offer, having concluded it was “unattractive and materially undervalues Rightmove”.
