News: REA Rea Group To Acquire Controlling Interest In Elara

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Oct 29 (Reuters) - REA Group Ltd (REA) :

    • REA GROUP LTD - REA GROUP TO ACQUIRE CONTROLLING INTEREST IN ELARA-REA.AX
    • REA GROUP LTD - ENTERED INTO A BINDING AGREEMENT TO INCREASE ITS OWNERSHIP INTEREST IN ELARA TECHNOLOGIES
    • REA GROUP LTD- TOTAL CONSIDERATION FOR TRANSACTION IS EXPECTED TO BE IN RANGE OF US$50M - US$70M
    • REA GROUP LTD- ON COMPLETION REA WILL HOLD 5 OUT OF 9 BOARD SEATS AND IS EXPECTED TO HAVE A SHAREHOLDING OF BETWEEN 47.2% AND 61.1%
    • REA GROUP - ASSUMING DEAL COMPLETION, SEES FY21 REVENUES TO INCREASE BETWEEN A$15M - A$20M
    • REA GROUP - ASSUMING DEAL COMPLETION, SEES FY21 CORE OPERATING EBITDA DECREASING BY A$20M - A$25M
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$237.25
Change
-0.915(0.38%)
Mkt cap ! $31.42B
Open High Low Value Volume
$238.19 $240.89 $237.04 $5.683M 23.85K

Buyers (Bids)

No. Vol. Price($)
2 51 $237.23
 

Sellers (Offers)

Price($) Vol. No.
$237.26 8 2
View Market Depth
Last trade - 12.28pm 09/09/2025 (20 minute delay) ?
REA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.