Rightmove (GB:RMV) has released an update.
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Rightmove plc has rejected a takeover proposal from REA Group Ltd, citing the offer as undervalued and not in the best interests of shareholders. The UK’s top property platform remains confident in its business model and strategy for growth, including diversification and innovation in the property sector, backed by a strong management team committed to delivering shareholder value.
For further insights into GB:RMV stock, check out TipRanks’ Stock Analysis page.
