Peter Bill on the “impending damnation of property portals”
Rightmove said the offer continued to “materially undervalue Rightmove and its future prospects”
Murdoch-backed group’s £6.5bn offer “unanimously rejected”
Company still says approach undervalues its business
Australian property listing group pledges extra £500m in takeover battle
UK listings giant turns down “wholly opportunistic” £5.6bn potential takeover bid from Aussie firm
Murdoch-backed business sees “clear similarities” and “transformational opportunity” in merger
Demand for mid-market homes is outstripping the average
Johan Svanström will succeed Peter Brooks-Johnson, who will retire after the full-year results
Peter Brooks-Johnson to leave after the company delivers its full-year results in February 2023
Three-quarters of all revenue is pure profit for the property portal
Plus, SDL presses ahead with Rightmove partnership