The proposal, which does not constitute a formal offer, reportedly values the real-estate portal at more than £5.5bn
REA, the Australian property company majority-owned by Rupert Murdoch’s News Corp, has started talks with Rightmove, the UK’s biggest online real-estate portal.
The initial proposal, which does not constitute a formal offer, is reportedly in the low-700p a share range, which would value the firm at more than £5.5bn.
Continue reading… World news | The Guardian
