REA confirms it wants to buy UK counterpart Rightmove

The News Corp-backed real estate platform confirmed it was interested in buying the largest property portal in the United Kingdom. Investors are unconvinced.

By: The Australian Financial Review

Sep 02 2024
40
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REA confirms it wants to buy U

REA Group is considering a takeover of Rightmove, the United Kingdom’s largest property platform, in a deal that could cost more than $9 billion and transform the ASX-listed, News Corporation-backed real estate giant into a global player.
REA told in... [253 chars]