> STOCKSHOTS: 'Rightmove' and housing in the UK / 36F39MZ
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STOCKSHOTS: 'Rightmove' and housing in the UK / 36F39MZ
Clip ID 2250922
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Description
REA Group, the Australian online real estate business majority-owned by Rupert Murdoch's News Corp empire has said it is mulling a multi-billion-pound takeover of British peer Rightmove.
Shares in Rightmove soared by 20 percent in early deals on London's top-tier FTSE 100 index, giving it a market value of almost £5.3 billion (US$7 billion).
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