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  • Rightmove speaking to UBS and Morgan Stanley after REA takeover interest

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    Rightmove is reportedly speaking to UBS and Morgan Stanley on its response to the unsolicited takeover bid from Rupert Murdoch’s REA Group, according to Bloomberg. REA announced its intention to explore a possible cash and share offer for the UK’s biggest property portal in a statement yesterday to the Australian Stock Exchange. It has said [...]

    Rightmove's shares jumped more than a quarter after the possible offer was announced

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