Article 6R24G Rupert Murdoch’s REA Group raises offer to buy Rightmove to £6.2bn

Rupert Murdoch’s REA Group raises offer to buy Rightmove to £6.2bn

by
Jane Croft
from World news | The Guardian on (#6R24G)

Australian group calls on Rightmove board to engage now' after fourth offer for UK online property portal

Rupert Murdoch's REA Group has made a fourth attempt to buy Rightmove, increasing its offer to 6.2bn as it steps up its pursuit of the UK's largest online property portal.

The Australian property group, which is controlled by News Corp, raised its cash and shares offer from the 6.1bn offered earlier this week and called on Rightmove's board to engage now" after it repeatedly refused to meet the suitor.

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