Australian property firm Rea Group, which is majority-owned by the media tycoon's News Corp, has tabled a third offer, worth ...
With a reputation for getting what he wants, Rupert Murdoch seems determined to expand his digital property empire as the Australia’s Rea Group yesterday tabled its third offer for the high-profile UK ...
Britain's Rightmove said on Monday it would carefully consider Australian property listing firm REA Group's sweetened 6.1 ...
Rupert Murdoch is in a similar position to a London buyer trying to get on the housing ladder. The tycoon’s online property ...
REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has ...
The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid ...
REA, also a provider of an online property buying portal, said on Monday the new bid values Rightmove's equity at GBP6.1 billion. The offer comprises 341 pence in cash and 0.0422 of a new REA share.
REA, which is majority-owned by Rupert Murdoch’s News Corp, said it was ‘genuinely disappointed’ that Rightmove’s board has not yet engaged.
REA said the new bid is a 9.2% increase on the initial offer it made earlier in September. Under the terms, Rightmove shareholders will own around 20% of the combined entity. REA noted it is yet to ...
The new cash-and-shares offer values Rightmove at 770 pence a share and is the third in less than three weeks from ...
The Financial Times highlights key financial stories including REA Group's £6.1 billion bid for Rightmove, Nest's £1bn ...