Rightmove made the wrong move, says Murdoch’s News Corp Property Rupert Murdoch’s News Corp has applauded REA’s decision to abandon a takeover of Rightmove after the property platform rejected its fourth offer. In a statement today, Robert Thomson, chief executive of News Corp, said he “strongly supported” the property group’s “financial discipline” in pulling out of the bid, and added that it was an example [...]
Jefferies upgrades Rightmove as REA group eyes £4.4bn takeover bid Tech Jefferies analysts have upgraded their guidance for Rightmove as they believe Australian real estate giant REA Group will probably make a formal offer for the British property platform. Last week, Rupert Murdoch’s News Corp-backed REA said it is considering a £4.4bn cash and share offer for Rightmove, sending the latter’s shares up nearly 25 per cent. Rightmove [...]
Rightmove shares jump by a quarter as News Corp-owned REA eyes £4.4bn swoop Property Australian property giant REA Group, backed by Rupert Murdoch's News Corp, is considering a £4.4bn takeover bid for UK competitor Rightmove.
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m May 23, 2024 OpenAI now has access to current and archived content from many of News Corp's publications, including The Times and The Sun.
Owner of The Sun hits ITV with legal action over footage of Princess of Wales April 24, 2024 Broadcaster ITV and its production company ITN have been hit with legal action by the publisher of The Sun newspaper
Printing merger between Sun and Daily Mail owners waved through by competition authority March 21, 2024 Plans by the publishers of the Sun and Daily Mail plans to combine their print operations have been waved through by the Competition and Markets Authority (CMA).
Rupert Murdoch and Daily Mail owner mull joint bid for Telegraph group March 12, 2024 A consortium of News Corp, Daily Mail General Trust and Redbird IMI may alleviate mounting concerns over the Telegraph takeover.