The proposal, which does not constitute a formal offer, reportedly values the real-estate portal at more than £5.5bnREA, the Australian property company majority-owned by Rupert Murdoch’s News Corp, has started talks with Rightmove, the UK’s biggest online real-estate portal.The initial proposal, which does not constitute a formal offer, is reportedly in the low-700p a share range, which would value the firm at more than £5.5bn. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/sep/10/rupert-murdoch-owned-property-company-rea-in-talks-with-rightmove
Author : Mark Sweney
Publish date : 2024-09-10 23:54:49
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Rupert Murdoch-owned property company REA in talks with Rightmove
