REA Group
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Latest property news
Rightmove rejects latest REA Group offer and says ‘put up or shut up’
The UK portal giant says it will consider a higher offer from REA Group today, but not afterwards – which means the Oz firm must up the offer, withdraw or mount a hostile takeover.
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Marketing
REA determined to do ‘what it takes’ to buy Rightmove, says insider
Claim is made by industry insider following a week of multiple offers by REA Group to the Rightmove board to buy its entire share issue at a 45% premium.
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Latest property news
Murdoch portal ‘to make second bid for Rightmove’
Australian company REA Group, which is owned by Rupert Murdoch's News Corp, is reported to be preparing another offer for Rightmove after its first bid was unanimously rejected by the portal's board.
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Marketing
Rightmove rejects takeover move from Down-Under
The portal's board unanimously rejects a move from Australian portal firm REA and its CEO Owen Wilson as "opportunistic", and it "undervalued" the company.
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Latest property news
Exclusive: This is why Purplebricks failed in Australia, explains portal executive
A senior figure from the the country's property industry reveals in a video interview why he believes Purplebricks failed so spectacularly in Oz.
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Latest property news
ZPG sells off Hometrack Australia to Oz portal giant the REA Group
Hometrack parent company ZPG has sold the property data firm's Australian operation to Oz portal giant the REA Group for £70m.
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