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Rightmove has rebuffed a fourth takeover proposal from Rupert Murdochâs REA Group worth around £6.2 billion.
The UK-listed property portal said the latest approach from the Australian company, which was made on Friday, âremains unattractive and continues to materially undervalue Rightmove and its future prospectsâ.
It called on REA to put forward its âbest and final proposalâ ahead of a 5pm deadline on Monday to make a firm offer or walk away under City takeover rul...
>>> Read more: Rightmove rejects latest £6.2bn takeover approach from REA
The UK-listed property portal said the latest approach from the Australian company, which was made on Friday, âremains unattractive and continues to materially undervalue Rightmove and its future prospectsâ.
It called on REA to put forward its âbest and final proposalâ ahead of a 5pm deadline on Monday to make a firm offer or walk away under City takeover rul...
>>> Read more: Rightmove rejects latest £6.2bn takeover approach from REA
