News Corp-backed REA Group mulls potential $8.5b takeover of London-listed Rightmove

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Posted September 2, 2024

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News Corp-backed REA Group mulls potential $8.5b takeover of London-listed Rightmove

Real estate giant REA Group is eyeing to become a global player with a potential $8.5 billion takeover of the ***’s largest online property portal, Rightmove.

The realestate.com.au operator entered a brief trading halt on Monday before confirming it was considering a possible cash and share offer for Rightmove. However, it said it had not approached, nor had any discussions with Rightmove regarding any deal.

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#News #Corpbacked #REA #Group #mulls #potential #8.5b #takeover #Londonlisted #Rightmove

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News Corp-backed REA Group mulls potential $8.5b takeover of London-listed Rightmove

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News Corp-backed REA Group mulls potential $8.5b takeover of London-listed Rightmove

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