REA News: UK-based housing portal Rightmove surges as News Corp-owned REA considers offer - 2nd Sep 2024, 10:45am

annb0t

Top 20
By Rishav Chatterjee and Aaditya GovindRao

(Reuters) -REA Group, the property listings company majority-owned by News Corp, is considering buying Rightmove to create a global real estate company, the Australian firm said on Monday, sending the British housing portal's shares soaring.

Shares in Rightmove jumped 24% to 6.89 pounds, their highest level since March 2022, in early deals on the London Stock Exchange, and the stock was the top percentage gainer on the FTSE 100 index. The company decl...

>>> Read more: UK-based housing portal Rightmove surges as News Corp-owned REA considers offer
 
Top Bottom