UK property portal’s shares surge up to 25% in early trading amid interest from Australian property company
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An Australian property company majority-owned by Rupert Murdoch’s News Corp has said it is considering a takeover bid for Rightmove, the British property website.
REA Group said it was considering a possible cash and share offer for Rightmove, but that it had not yet had any discussions with the company, in statements to the Australian and UK stock markets on Monday. Continue reading...
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