Rupert Murdoch’s REA Group has abandoned its pursuit of Rightmove after its latest £6.2bn bid was rejected. The Australian property business confirmed its withdrawal on Monday afternoon ...
The rejection dashes REA’s goal of moving into another global market. The largest player in the Australian online real estate industry, which is part of media tycoon Rupert Murdoch’s empire ...
REA Group's final bid of around £6 billion ($8.1 billion), according to Reuters, came after an initial offer of £5.6 billion. LONDON — Rupert Murdoch's Australian property firm REA Group said ...
Shares of Rupert Murdoch-owned REA Group (AU:REA) gained over 3% as of writing after announcing a deal to acquire a 19.9% stake in digital mortgage lender Athena Home Loans. The deal was announced ...
Shares of Rupert Murdoch-backed REA Group (AU:REA) gained almost 5% after the company announced its official withdrawal from the Rightmove PLC (GB:RMV) acquisition. This came in response to ...
REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove.
Rightmove's recent decision to walk away from several takeover offers from Murdoch-backed Australian property giant REA Group ...
REA, part of media mogul Rupert Murdoch’s empire, made a preliminary cash-and-stock proposal valued at 705 pence per share, according to a statement confirming an earlier report by Bloomberg News.
Rightmove expects more agents to make use of its top-end Optimiser Edge package as it revised guidance on average revenue per ...
Sarah Murdoch and professor Enzo Porrello unveiled an impactful initiative on behalf of the Murdoch Children’s Research Institute. At the American Australian Association’s annual benefit ...