News

Rightmove’s share price has settled at a new, higher level following REA Group’s failed attempt to acquire the group. Find out why RTMVF stock is a Sell.
Chanticleer Why no one will mourn the death of this $12b deal For the second time this year, an attempt by an ASX giant to buy a British target has fallen over. But REA walks away from Rightmove ...
London | News Corporation chief executive Robert Thomson says it would have been foolhardy for REA to have paid more for its British real estate rival Rightmove after it walked away from a $12 ...
A leading executive at Rupert Murdoch’s business empire blasted Rightmove yesterday for hampering a multi-billion pound takeover approach. Australian property firm Rea Group, which is backed by ...
Rightmove may have seen off Murdoch-owned REA’s unsolicited bids for the company, but the saga is likely to set more would-be bidders on the property platform’s tail, analysts have said. Its share ...
Our fair value estimate for REA Group is AUD 123 per share, which assumes a 0% probability REA Group will acquire UK-based Rightmove, and implies a price/earnings ratio of 34 times on our fiscal ...
Digital advertising company REA Group has pulled its takeover proposal for British property portal Rightmove after being rejected for the fourth time when its target said its latest £6.2bn ($12 ...