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Rupert Murdochâs REA Group in Australia has made a third approach for Rightmove worth more than £6 billion as it ups its campaign to take over the UK property portal.
REA, which is majority-owned by the tycoonâs News Corp group, said it put forward a 770p-a-share proposal on September 22 valuing Rightmove at about £6.1 billion.
It comes after REA first tabled a possible offer in early September, valuing Rightmove at £5.6 billion, but its advances have so far been rejected by...
>>> Read more: Australiaâs REA ups takeover approach for Rightmove to £6.1bn
REA, which is majority-owned by the tycoonâs News Corp group, said it put forward a 770p-a-share proposal on September 22 valuing Rightmove at about £6.1 billion.
It comes after REA first tabled a possible offer in early September, valuing Rightmove at £5.6 billion, but its advances have so far been rejected by...
>>> Read more: Australiaâs REA ups takeover approach for Rightmove to £6.1bn
