REA Group Mulls Rightmove Takeover
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Australian property businessCNBC
•Rupert Murdoch's property group considers bid for UK's Rightmove, sending shares 23% higher
85% Informative
Rupert Murdoch-owned REA Group said Monday that it is contemplating a takeover offer for U.K. property portal Rightmove .
The Australian property listings company said it was considering a possible cash and share offer.
Rightmove jumped 25% in early deals following the announcement, trading at the top of FTSE 100 .
VR Score
86
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86
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