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Rightmove had said its shareholder interests would be better served through the execution of its standalone strategic plan

Murdoch-owned REA Group withdraws bid for UK's Rightmove

Rightmove's shares dropped 8% today after Rupert Murdoch's REA Group ended its $8.29 billion takeover pursuit following a fourth bid rejection from the British real estate portal.

Business • 30 Sep 24

REA's new bid for Rightmove is higher than its previous offer of 770 pence per share, or £6.1 billion

REA sweetens takeover bid for Rightmove to £6.2 billion

Australia's REA Group, owned by Rupert Murdoch controlled-News Corp, has bumped up its takeover bid for Rightmove to £6.2 billion after the UK firm rejected three of its previous offers.

Business • 27 Sep 24

Rightmove said REA's latest bid was still 'unattractive'

Rightmove rejects takeover proposal from Australia's REA

British real estate portal Rightmove has today rejected a sweetened $8.1 billion takeover proposal from Australian property listing firm REA Group, saying the increased bid was still "unattractive".

Business • 25 Sep 24

Australian property listing firm REA Group has made another pitch to buy Rightmove with a new £6.1 billion offer after its two previous offers were rejected

Australia's REA sweetens offer for Rightmove to £6.1bn

Britain's Rightmove said today it would carefully consider Australian property listing firm REA Group's sweetened £6.1 billion takeover bid for the company, after rejecting two previous proposals.

Business • 23 Sep 24

Rightmove is the UK's largest real estate portal

Rightmove rejects £5.6 billion offer from Murdoch's REA

Australian property listing firm REA Group said today that Britain's largest real estate portal Rightmove had rejected its £5.6 billion cash-and-stock takeover offer.

Business • 11 Sep 24

The UK's largest property portal, Rightmove had a market value of £4.36 billion as of Friday's close

REA mulls offer for UK property portal Rightmove

REA Group, the property listings company majority-owned by News Corp, said today it was considering buying British firm Rightmove to create a global real estate giant, in what would be Australia's biggest outbound deal of the year.

Business • 02 Sep 24

Rightmove said the average new seller asking price of £372,324 was only £570 off a record hit in May 2023

Asking prices for UK homes close to record high

Prices of homes being sold in Britain are close to their record highs after the biggest annual increase in a year, according to an industry survey that suggested the momentum in the housing market of early 2024 extended into April.

Business • 22 Apr 24

UK property website Rightmove said asking prices for homes rose 0.1% in February compared to a year earlier - the first annual increase since last August

UK property prices show first annual rise since August

The prices of homes being put up for sale in Britain have risen in annual terms for the first time in six months as demand from buyers strengthened, according to an industry survey that added to signs of stabilisation in the housing market.

Business • 19 Feb 24

Rightmove said average asking prices for UK homes dropped by 1.9%, the biggest monthly fall for August since 2018

Asking prices for UK homes drop sharply - Rightmove

Asking prices for homes in Britain fell sharply this month as rising mortgage costs caused sellers to lower their expectations of what they can get for their properties, an industry survey showed today.

Business • 21 Aug 23

Rightmove runs the UK's largest property website

Rightmove sees fewer house hunters as UK market slows

Property portal Rightmove gave further evidence of a slowdown in the UK housing market, saying fewer people were searching for properties on its platforms as it posted an annual profit in line with expectations.

Business • 03 Mar 23

Property website Rightmove says it covers 95% of homes put up for sale in the UK

Asking prices for UK houses see big March increase

Asking prices for British houses have recorded their sharpest monthly jump for the time of year since March 2004, despite a growing squeeze on households' disposable income from higher energy bills and rising interest rates.

Business • 21 Mar 22

Rightmove said average asking prices of UK property between December 8 and January 11 jumped 2.3% in monthly terms

UK property asking prices jump by record 2.3%

Asking prices for British houses put on sale in the five weeks to January 11 rose by a record amount for the time of year, property website Rightmove said today.

Business • 20 Jan 20

London house prices are predicted to fall by a modest 1% this year

Brexit puts a ceiling on London housing prices

Price rises in Britain's overvalued housing market will lag inflation this year and next and in London prices are likely to fall in 2018 as Brexit keeps a lid on demand, a Reuters poll found.

Business • 06 Jun 18

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