Rightmove plc shares slumped more than 15% in early London trading after the UK’s largest online property portal announced plans to step up investment in artificial intelligence (AI) and rebuild
Murdoch’s REA withdraws from the race to acquire Rightmove.
Rupert Murdoch’s online property group, REA, which is owned by News Corp, has officially withdrawn from attempting to acquire Rightmove, citing a “lack of meaningful engagement” from the company’s board.
Rightmove Plc – Statement re Rejection of possible offer following engagement with REA
Rightmove PLC (LON: RMV) has decisively turned down a fourth acquisition proposal from Rupert Murdoch’s REA Group. It also declined requests to allow access to its financial records and to
Murdoch makes a final £6.2 billion bid for Rightmove.
Rupert Murdoch’s Australian property business has made a final takeover bid for Rightmove, intensifying its criticism of the board’s unwillingness to engage.
Rightmove PLC (LON:RMV ) has turned down an improved £6.1bn takeover bid from Rupert Murdoch’s REA Group
The UK-based online property portal Rightmove has turned down an improved £6.1bn a third takeover bid from billionaire Rupert Murdoch’s REA Group, stating that the offer undervalued the company.
REA Group has increased its offer to nearly 750p per share for the UK property giant Rightmove
The Murdoch family’s Australian property company has raised its bid for Britain’s Rightmove in a deal valued at nearly £5.9 billion.
Rightmove declines takeover offer from Rupert Murdoch’s REA Group.
Rightmove is holding firm, having rejected an unsolicited takeover bid from Rupert Murdoch’s REA Group.
Murdoch’s online property group is contemplating a £4.4 billion acquisition of Rightmove.
Australia’s REA Group, an online property advertising firm majority-owned by Rupert Murdoch’s News Corp, is considering a potential takeover of Rightmove in a deal estimated at around £4.4 billion.