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Rightmove rejects 'unattractive' £6.1billion takeover from Rupert Murdoch firm

Real Estate

Rightmove has rejected a £6.1 billion takeover deal from an Australian company owned by Rupert Murdoch - saying the offer "continues to be unattractive" and massively undervalues the company. It is the third attempt by the Murdoch-owned firm to be rejected in recent weeks. REA Group, which is majority-owned by the Aussie tycoon’s News Corp group , made its latest offer to take over the the UK's largest online real estate property portal on Monday. The deal put forward a 770p-a-share proposal

Tag-uri: Real Estate

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Rightmove rejects 'unattractive' £6.1billion takeover from Rupert Murdoch firm http://www.mirror.co.uk - 25.09.2024 12:02
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