Banks could offer a total of $5 billion or more if needed, though REA is likely to borrow less than that and hasn’t made a final decision on the eventual size of the loan, the people said.
Usually reliable right-hander Colin Rea saw his ERA jump from 3.72 to 4.21 after he set dubious career highs, allowing 10 earned runs and 11 hits over four innings of a 13-2 defeat. It wasn’t ...
Read the Wednesday 11 September Business Live blog below ... Rightmove has turned down a £5.6billion takeover proposal from REA Group, calling dismissing the bid as too low and 'wholly ...
Rightmove has rebuffed a takeover proposal from Rupert Murdoch’s REA Group in Australia, valuing the UK online property portal at more than £5 billion. REA, which is majority-owned by the ...
SYDNEY--News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world's dominant real-estate listing websites, after U.K. counterpart ...
SYDNEY-News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world's dominant real-estate listing websites, after U.K. counterpart ...
Our fair value estimate for wide-moat REA Group REA is unchanged following an update from the company that it is exploring acquiring Rightmove, a United Kingdom-based online marketplace for property ...
REA Group’s interest in Rightmove, the largest property-listing platform in the United Kingdom, makes financial sense but lacks any strategic purpose with few possible cost savings, investment ...
REA announced its intention to explore a possible cash and share offer for the UK’s biggest property portal in a statement yesterday to the Australian Stock Exchange. It has said it’s working ...
Investors didn’t welcome the news on Monday—shock news, actually—that the Murdoch family-controlled REA Group (ASX:REA) was looking to acquire a similar business in the UK. REA stated that it is ...
Rightmove is said to be in talks with US banks UBS and Morgan Stanley regarding its response to an unsolicited takeover bid from Rupert Murdoch's REA Group, as reported by Bloomberg. REA disclosed its ...
Rightmove stock soars about 27% REA closes down 5.3% in worst session since December 2022 Takeover move points to capital risk, says analyst REA must announce intention by Sept. 30 under UK rules ...