Rightmove
Rightmove suitor REA walks away from bid after £6.2bn approach rebuffed
Australia’s REA said it was ‘disappointed’ with the level of engagement from Rightmove’s board.
Rupert Murdoch’s REA makes fourth takeover offer for Rightmove worth £6.2bn
Rightmove bosses had rebuffed a roughly £6.1 billion approach earlier this week.
Rightmove rejects £6.1bn takeover move by Rupert Murdoch’s REA
The Australian suitor, which is majority-owned by the tycoon’s News Corp group, tabled its third approach on Monday.
Australia’s REA ups takeover approach for Rightmove to £6.1bn
REA, which is majority-owned by Rupert Murdoch’s News Corp, said it was ‘genuinely disappointed’ that Rightmove’s board has not yet engaged.
Rightmove rejects £5.6bn takeover bid from Rupert Murdoch’s REA
Rightmove said the proposal ‘fundamentally undervalued’ the firm.
REA Group considers making offer to buy Rightmove
Australian company says it could make an offer for the property portal, which is valued at about £4.36 billion on the London Stock Exchange.
Jeremy Clarkson’s pub opening ‘sparks jump in nearby property searches’
After The Farmer’s Dog opened, the number of searches for homes for sale in the nearby area was up 63% over the bank holiday weekend, Rightmove said.
Housing market ‘set for confidence boost following base rate cut’
Some experts said the Bank of England base rate cut from 5.25% to 5% will help to give confidence to home buyers and sellers.
Average price tag on a home fell by £1,617 month-on-month in July – Rightmove
The price fall was bigger than usual for July, with the distractions of the General Election, sporting events and holidays, Rightmove said.
Average asking rent outside London ‘hits new high of £1,316 per month’
The pace of growth in rental prices remains significantly higher than before the coronavirus pandemic, Rightmove said.