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.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.