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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Rupert Murdoch-owned firm REA Group weighs up bid for Rightmove

the rightmove logo in the background with a similar logo on a smartphone in the foreground
Rightmove is by far the biggest property portal in the UK and is listed in the FTSE 100. Photograph: Dado Ruvić/Reuters

An Australian property company majority-owned by Rupert Murdoch’s News Corp has said it is considering a takeover bid for Rightmove, the British property website.

REA Group said it was considering a possible cash and share offer for Rightmove, but that it had yet to have any discussions with the company, in statements to the Australian and UK stock markets on Monday.

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