Rightmove PLC

Rightmove Plc is engaged in the operation of property search platform. It operates through the following segments: Agency, New Homes, and Others. The Agency segment consists of resale and lettings property advertising services. The New Homes segment is focused on providing the property advertising services to new home developers and housing associations. The Others segment is involved in the overseas and commercial property advertising services and non-property advertising services. The company was founded by Reginald Stephen Shipperley on May 16, 2000 and is headquartered in London, the United Kingdom.

Prices of houses put up for sale on its website fell by over £5,000 in November, according to online estate agent Rightmove PLC (LSE:RMV). A typical family house costs £366,592 down by £5,366 or 1.4% month-on-month.

House prices fell than expected in November says Rightmove

Property portal Rightmove PLC (LSE:RMV) has expressed cautious optimism about the property market's near-term prospects, but new homes development remains a stress point. Rightmove, in a trading update, said property transaction flow is improving, although the FTSE 100 constituent tightened its full-year membership growth forecast to 1% (from “up to” 2% previously) due to “a slower-than-expected recovery in new homes developments”.

Rightmove cautions on sluggish homes development growth

Shares of Australia's REA Group rose 4% on Tuesday, after the property listing firm decided to end its $8.29 billion takeover pursuit for Rightmove following a fourth bid rejection from the British real estate portal.

Australia's REA rises after walking away from $8.3 bln takeover offer for UK's Rightmove

News Corp

After four rejections, Australia's REA on Monday finally gave up its pursuit of Britain's Rightmove.

News Corp's REA gives up on pursuit of Rightmove after four rejections

Rupert Murdoch's REA group has fired a bitter parting shot at the board of Rightmove PLC (LSE:RMV) after dropping its takeover approach following the rejection of a fourth offer for the online estate agent. In a statement, REA said the proposed combination would have provided Rightmove shareholders the opportunity to meaningfully participate in a fast-growing, diversified, global leader while "receiving value certainty in an operating environment challenged by increased market competition".

'Disappointed' REA walks away from Rightmove bid

Rupert Murdoch's Australian property listing firm REA Group said Monday it would no longer seek to buy UK property portal Rightmove.

Rupert Murdoch's property group REA ends chase to buy Rightmove after multiple rejected offers

Rupert Murdoch-owned Australian property listing firm REA Group said on Monday it is dropping its pursuit of real estate portal Rightmove after the UK company rejected its sweetened $8.29 billion fourth proposal earlier in the day.

Australia's REA Group withdraws bid for British real estate portal Rightmove

Rightmove PLC (LSE:RMV) has unanimously rejected a fourth takeover offer from Rupert Murdoch's REA Group. Its fellow property portal lodged the potential offer on Friday, which the Aussie company said had been rejected, leading it to plead/demand that the UK market leader must "engage now".

Rightmove officially rejects fourth bid from Murdoch's REA

British real estate portal Rightmove rejected on Monday a sweetened $8.29 billion takeover proposal from Rupert Murdoch-owned Australian property listing firm REA Group , citing the fourth bid continues to undervalue the company.

UK's Rightmove rejects $8.29 bln proposal from Murdoch-owned REA Group

News Corp-controlled REA Group has made a fourth proposal to buy British peer Rightmove for roughly $8.3 billion in cash and shares, and urged its board to enter into talks.

REA Tables Fourth Bid for Rightmove, Urges Board to Engage

Rightmove PLC (LSE:RMV)'s unbudging unwillingness to accept the four offers tabled by Rupert Murdoch's REA Group is the right course for management to take, reckon Peel Hunt analysts. Rightmove rebuffed REA's fourth bid at a £6.2 billion valuation on Friday, leaving REA with little hope of getting a deal over the line before 30 September deadline.

Rightmove bidder REA is stuck between a rock and a hard place - analyst

REA Group's new offer would give Rightmove's shareholders a “mix and match” facility, that would let them pick a more cash-heavy deal

REA Group makes improved offer to buy U.K.'s Rightmove for $8.3 billion

Murdoch-owned REA Group has tabled yet another bid for Rightmove PLC (LSE:RMV), marking the fourth effort to secure a deal to acquire the FTSE 100-listed property portal. This new proposal values Rightmove at £6.2 billion, a £100 million improvement on the last rejected offer.

Rightmove urged to ‘engage now' bidder REA ramps up hostilities

Australia's REA Group on Friday sweetened its takeover offer for British real estate firm Rightmove and valued it at 6.2 billion pounds ($8.29 billion) after the UK firm rejected three buyout offers previously.

Australia's REA sweetens takeover bid for Britain's Rightmove to $8.29 bln

Rightmove, the U.K.'s largest property listings website, has rejected REA Group's most recent takeover offer

Rightmove rejects REA Group's third offer valued at $8.1 billion

Rightmove rejected the latest bid from News Corp.-controlled REA Group valued at $8.1 billion, saying the offer still materially undervalues the company and its future prospects.

Rightmove Rejects Third REA Bid

Rupert Murdoch-owned REA Group has expressed frustration with Rightmove PLC (LSE:RMV)'s refusal to play ball with the numerous takeover offers for the FTSE 100-listed property portal. REA said it is “disappointed” by the latest rejection from Rightmove and “is frustrated that, save for the rejection of REA's three previously disclosed proposals, REA has still had no substantive engagement with Rightmove”.

Murdoch's REA Group ‘frustrated' by third Rightmove rejection

Rightmove PLC (LSE:RMV) has rejected the third offer from Rupert Murdoch's REA Group, saying it "continues to be unattractive and materially undervalues the company and its future prospects". Made up of 341p in cash and 0.0422 new REA shares per Rightmove share, the latest bid from the Australian property portal owner implied an offer value of 759p, Rightmove pointed out.

Rightmove rejects third bid from Murdoch's REA Group

British real estate portal Rightmove on Wednesday rejected a sweetened $8.1 billion takeover proposal from Australian property listing firm REA Group , saying the bid undervalued the company.

Britain's Rightmove rejects $8.1 bln sweetened bid from Australia's REA Group

REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove.

Murdoch's REA ups offer for property website Rightmove

Rupert Murdoch's REA Group may be gearing up for a hostile takeover of its UK rival, Rightmove PLC (LSE:RMV), after taking a firmer stance with its third bid. REA tabled a 770p cash and stock offer, expressing disappointment over Rightmove's lack of engagement.

Rightmove: Is Rupert Murdoch's REA Group ready to go hostile?

The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid

News Corp's REA submits improved $8.1 billion bid for U.K.'s Rightmove

Rightmove PLC (LSE:RMV) has received a second revised offer from Murdoch-owned REA Group valuing the property portal at approximately £6.1 billion. This marks the third approach made by REA, following an initial proposal on 5 September at 705p per share and a revised offer on 16 September at 749p per share.

Rightmove receives third bid from 'genuinely disappointed' REA Group

Australian property listing firm REA Group said on Monday Britain's largest real estate portal Rightmove had rejected its sweetened 6.1 billion pounds ($8.12 billion)cash-and-stock takeover offer.

Britain's Rightmove rejects REA's sweetened $8.1 bln takeover offer

Though Rightmove PLC (LSE:RMV) rejected a £5.6 billion bid from Rupert Murdoch's REA Group, analysts have been quick to note this was higher than anticipated. Jefferies brokers said the offer, which REA stated on Wednesday equated to 705p per Rightmove share, included a larger cash component than was expected.

News for Rightmove PLC Stock (RTMVY)