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REA Group considers a $9B cash-and-share takeover of UK's largest property platform, Rightmove.
REA Group, an Australian real estate company, is considering a cash-and-share takeover of Rightmove, the UK's largest property platform, in a deal exceeding $9 billion.
This acquisition aims to enhance REA's global presence and shareholder value, capitalizing on potential synergies.
Rightmove's market cap is £4.39 billion, making it significantly smaller than REA.
The move comes as REA seeks to recover from a downturn in the Australian property market.
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REA Group considera una adquisición de $9B en efectivo y acciones de la plataforma inmobiliaria más grande del Reino Unido, Rightmove.