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Murdoch family edges towards £6.1bn deal with Rightmove
Rightmove has said it will “carefully consider” a new £6.1bn bid from Rupert Murdoch’s property website business as the two sides move a step closer to a deal. REA Group, which is majority-owned by the media tycoon’s News Corp,
Australia’s REA increases takeover approach for Rightmove to £6.1bn
Rupert Murdoch’s REA Group in Australia has made a third approach for Rightmove worth more than £6bn as it ups its campaign to take over the UK property portal.
Rightmove to Consider New £6.1 Billion Bid From REA Group
Rightmove Plc said it will consider a £6.1 billion ($8.1 billion) sweetened bid from REA Group Ltd., the third proposal in less than three weeks from the Australian property portal.
REA Group makes third offer to buy Rightmove, worth £6.1bn – business live
Rolling coverage of the latest economic and financial news, as Australia’s REA Group sweetens its bid for Rightmove again
News Corp’s REA submits improved $8.1 billion bid for U.K.’s Rightmove
The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid
Rupert Murdoch’s REA raises Rightmove bid to £6.1bn
Australia’s largest property listings group REA, which is majority owned by Rupert Murdoch’s News Corp, has launched a third bid for UK rival Rightmove, valuing it at £6.1bn. REA made the cash-and-shares offer on Sunday based on a price of 770 pence a share,
Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion
By Scott Murdoch and Himanshi Akhand (Reuters) -Australian property listing firm REA Group made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected.
REA Sweetens Rightmove Bid to £6.1 Billion After Knockback
REA Group Ltd. increased its offer for Rightmove Plc to £6.1 billion ($8.1 billion), expressing frustration at the UK property portal’s refusal to even discuss a deal.
REA Group raises Rightmove takeover offer to £6.1bn
The Australian property listings website, whose majority owner is Rupert Murdoch's News Corporation, has brought forward a new offer.
21h
UK pension fund Nest agrees tie-up to invest up to £1bn in build-to-rent
State-backed scheme joins forces with insurer L&G and Dutch fund manager PGGM to build and manage rental properties ...
PE Hub
2h
Vital Energy and Northern Oil and Gas acquire Vortus-backed Point Energy for $1.1bn
Point Energy Partners, which is backed by Vortus Investments Advisors, has sold its assets to Vital Energy Inc and Northern ...
6h
Pension giants ink £1bn build-to-rent deal
Nest has agreed to invest up to £1bn in build-to-rent properties alongside Legal & General and PGGM to help tackle the ...
The Global Legal Post
4h
Kirkland, Freshfields guide $1bn acquisition of stake in BP Pipelines TAP
Kirkland & Ellis and Freshfields Bruckhaus Deringer are guiding the $1bn acquisition of a stake in BP Pipelines TAP by Apollo ...
DPA International on MSN
3d
Austrian insurers fear over €1bn in damages after flooding
The damages caused by the flooding in Austria could, according to initial calculations by the insurance industry, amount to ...
Business Recorder
9h
Amreli Steels bleeds, loss for FY24 stands at Rs6.1bn as sales drop
Amreli Steels Limited sustained massive losses to the tune of Rs6.1 billion amid a drop in sales and high expenses during the ...
7d
on MSN
Airbus revives plans for UK helicopter factory in £1bn RAF deal
Airbus is preparing to revive plans for a new helicopter factory in the UK as part of its attempt to secure a £1bn contract ...
Advanced Television
4d
Forecast: Spotify ad revenue at $2.1bn in 2024
Spotify, the audio streaming subscription service, is now turning to opportunities in the video advertising space whilst ...
7h
Murdoch’s UK property bid may yet get even sweeter
Rupert Murdoch is in a similar position to a London buyer trying to get on the housing ladder. The tycoon’s online property ...
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