The PPW Podcast podcast

"REA-Move" Special: What now after failed bid?

2024-09-20
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28:12
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Harvey Hancock and Simon Baker jump onto their second emergency podcast in as many weeks after Rightmove rejected a takeover bid by Australia's REA Group. Will a bidding war emerge? What premium needs to be offered to entice Rightmove shareholders to sell? Will a takeover even happen? 0:00 intros 2:52 What's happened? 10:00 Market dynamics and shareholder reactions 17:23 Will a high premium scare off bidders like CoStar? 19:00 Does Simon foresee a bidding war? 21:00 Vendor Paid Advertising 24:00 Has Rightmove's share price already hit its all time high? 27:00 next episode teaser and goodbyes

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