REA Group ups bid for UK property portal Rightmove

[Pelican Press 0]

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REA Group ups bid for *** property portal Rightmove

Rupert Murdoch’s REA Group has made a third approach for British property portal provider Rightmove as it ups its campaign to take over the *** company.

REA, which is majority-owned by the tycoon’s News Corp group, said it put forward a 770p-a-share proposal on September 22 valuing Rightmove at about 6.1 billion pounds ($A12 billion).

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#REA #Group #ups #bid #property #portal #Rightmove

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