You Searched for: undervaluation
UK Property Website Rightmove Rejects GBP 5.6 Billion Offer From Murdoch-backed REA Group

Rightmove, the UK-based property listing behemoth, turned down a hefty £5.6 billion buyout approach from Australia's REA Group, which is majority-owned by Rupert Murdoch's News Corporation. Rightmove's board described the offer as "wholly opportunistic,".

By Admin

  • 12th Sep 2024
  • 1178 Views
Subscribe to our Newsletter

Get regular updates on news, analysis, trends & more on the real estate industry for free.