At present’s (27 September) provide marks a rise from the £6.1bn bid proposed earlier this week, which the Rightmove board “unanimously rejected” on Wednesday (25 September).
Having initially supplied 705p per share on 5 September, which then rose to 770p per share on Monday (23 September), the most recent bid from the Australian conglomerate represents a complete worth of 781p per Rightmove share, valuing the corporate at £6.2bn.
Rightmove rejects takeover provide from Murdoch-backed REA Group
Ought to the provide be accepted, this could mark an 11% improve on the implied whole worth of the preliminary…