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  • Rightmove still in play after REA walks away, analysts say

    Business

    Rightmove may have seen off Murdoch-owned REA’s unsolicited bids for the company, but the saga is likely to set more would-be bidders on the property platform’s tail, analysts have said.  Its share price fell about seven per cent at the start of this week on news that Australian property firm REA had walked away from [...]

    Underlying operating profit increased four per cent to £273.9m in the year to December 31 as revenue rose seven per cent to £389.9m.

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