The Board of Rightmove plc (RMV.L) confirmed it received a third unsolicited, non-binding and highly conditional proposal from REA regarding a possible cash and share offer to acquire the entire issued and to be issued ordinary share capital of Rightmove. This third non-binding proposal was 341 pence in cash and 0.0422 new REA shares for each Rightmove ordinary share. This revised proposal implied an offer value of 761 pence.
The Board of Rightmove will carefully consider the increased proposal, together with its financial advisers.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.