Published 09/27/2024 9:50:58 a.m.

REA sweetens takeover bid for Rightmove to £6.2 billion

Summary by RTÉ

Australia's REA Group, owned by Rupert Murdoch controlled-News Corp, has today bumped up its takeover bid for Rightmove to £6.2 billion after the UK firm rejected three of its previous offers.

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RTÉ

REA sweetens takeover bid for Rightmove to £6.2 billion

Australia's REA Group, owned by Rupert Murdoch controlled-News Corp, has today bumped up its takeover bid for Rightmove to £6.2 billion after the UK firm rejected three of its previous offers.

09/27/2024 9:32:25 a.m.·Ireland

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Shropshire Star

Rupert Murdoch’s REA makes fourth takeover offer for Rightmove worth £6.2bn

Rupert Murdoch’s REA Group has made a fourth proposal to online property platform Rightmove.

09/27/2024 9:56:21 a.m.·Ketley, United Kingdom

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Evening Standard

Rupert Murdoch’s REA makes fourth takeover offer for Rightmove worth £6.2bn

Rightmove bosses had rebuffed a roughly £6.1 billion approach earlier this week.

09/27/2024 9:54:21 a.m.·London, United Kingdom

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The West Australian

REA makes fourth proposal for UK house site Rightmove

REA Group has made a fourth takeover proposal in less than a month for Rightmove, valuing the UK property portal at about £6.2 billion ($12 billion).

09/27/2024 9:45:08 a.m.·Australia

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City AM

Murdoch's REA group tables fourth £6.2bn bid for Rightmove

The Rupert Murdoch-controlled property group vying to buy Rightmove has tabled a fourth £6.2bn bid for the firm and called on its board to engage in talks today as a deadline for the deal looms next week. In a statement to the market, REA Group, part of the Aussie media magnate’s business empire, said it was willing to pay the equivalent of 775p per share plus a special dividend of 6p per share after its first three bids were rejected. “While th…

09/27/2024 9:15:53 a.m.·London, United Kingdom

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Zawya

News Corp-owned REA sweetens takeover offer for UK's Rightmove to $8.3bln

The new proposal from REA, a property listing firm, comprises of an offer price of 775 pence apiece, an 17% premium to Rightmove's closing price on Thursday

09/27/2024 9:26:29 a.m.

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