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Evening Standard
Evening Standard
Business
Jonathan Prynn

Rightmove rejects third takeover offer from Australia's REA as 'unattractive'

Property listings portal Rightmove has rejected the latest “unattractive” £6.1 billion takeover proposal from Australia’s REA, which is controlled by Rupert Murdoch’s News Corp.

REA made an enhanced third offer for the UK’s biggest listings website on Sunday but has stopped short of launching a full scale takeover bid before securing the agreement of the Rightmove board.

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