Rea increased its cash and shares proposal to value the London-listed company at about £6.2 billion, or 781p per share. At the beginning of September, Rea proposed a bid of 705p per share, valuing ...
SYDNEY--REA Group shares rallied after the News Corp-controlled property advertiser abandoned its multi-billion dollar pursuit of U.K. counterpart Rightmove.
Our fair value estimate for REA Group is AUD 123 per share, which assumes a 0% probability REA Group will acquire UK-based Rightmove, and implies a price/earnings ratio of 34 times on our fiscal 2025 ...
Rightmove rejects fourth takeover offer from Murdoch's REA - The UK listings portal said its board “has unanimously concluded ...
UK property portal Rightmove turns down fourth acquisition attempt by Australian firm REA, citing undervaluation.
Rolling coverage of the latest economic and financial news. Frasers makes £83m takeover offer for Mulberry 11:04Sarah ...
British online property website Rightmove on Monday said it had rejected a slightly improved offer from REA Group, an Australian online property business majority-owned by Rupert Murdoch's News Corp ...
Rightmove has rejected a fourth takeover offer of £6.2bn from Rupert Murdoch’s REA Group, stating that it “remains confident ...
Rightmove rejected News Corp-controlled REA Group's fourth proposal, valued at 6.2 billion pounds ($8.29 billion), and called on the company to put forward its best and final offer ahead of Monday's ...
Zelensky touted his so-called "victory plan," an effort to win more weapons and security guarantees from the U.S. and its allies to gain some leverage over Russia, in a flurry of meetings as he ...
Rightmove rejected News Corp-controlled REA Group’s fourth proposal and called on the company to put forward its best and ...