REA Group share price stumbles after Rightmove slams door on £5.6bn takeover bid

REA Group share price stumbles after Rightmove slams door on £5.6bn takeover bid

REA Group Ltd, the Australian property listings giant, is facing a sharp drop in its share price after its £5.6 billion bid to acquire UK-based Rightmove Plc was rejected. On Wednesday morning, REA Group shares fell 2% to AUD 198.55 following the news that Rightmove’s board had dismissed the offer. This move signals potential challenges […]