Also in today’s newsletter, US proposes new rules targeting Chinese EVs, and Australian retailers sued over ‘illusory’ ...

So far Andrew Fisher, the chairman of online property site Rightmove, is declining to give in to the blandishments of Rupert Murdoch controlled Rea Group. It is showing coolness in the face of a ...

Rupert Murdoch is in a similar position to a London buyer trying to get on the housing ladder. The tycoon’s online property ...

REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has ...

The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid ...

REA, also a provider of an online property buying portal, said on Monday the new bid values Rightmove's equity at GBP6.1 billion. The offer comprises 341 pence in cash and 0.0422 of a new REA share.

REA, which is majority-owned by Rupert Murdoch’s News Corp, said it was ‘genuinely disappointed’ that Rightmove’s board has not yet engaged.

REA said the new bid is a 9.2% increase on the initial offer it made earlier in September. Under the terms, Rightmove shareholders will own around 20% of the combined entity. REA noted it is yet to ...

The new cash-and-shares offer values Rightmove at 770 pence a share and is the third in less than three weeks from ...

The Financial Times highlights key financial stories including REA Group's £6.1 billion bid for Rightmove, Nest's £1bn ...

Shares of Rightmove rose 2.8% to 693.6 pence by 0730 GMT. REA, which is 62% owned by Rupert Murdoch's News Corp (NWSA.O), opens new tab, closed down 2.5% on Monday. Rightmove chairperson Andrew Fisher ...

REA Group, majority-owned by Rupert Murdoch's News Corp, has sweetened its takeover offer for Britain's real estate portal ...