Dec 17 (Reuters) - REA Group Ltd (REA) :
- MOVES TO CONTROLLING INTEREST IN ELARA
- REA'S SHAREHOLDING IN ELARA INCREASED TO 54.3% FROM 13.5%
- CONSIDERATION PAID WAS US$34.5M CASH (A$48.9M) AND ISSUE OF 318,323 NEW REA SHARES
- NEWS CORP HAS ALSO SUBSCRIBED FOR US$34.5M OF PREFERENCE SHARES IN ELARA, AND ITS SHAREHOLDING IN ELARA HAS INCREASED TO 39.0%
- HAS OFFERED TO ACQUIRE REMAINING 6.7% MINORITY INTEREST IN ELARA
- CONSIDERATION FOR REMAINING MINORITY INTEREST WILL BE PAID BY ISSUE OF A MAXIMUM OF 107,355 REA SHARES
- HAS RIGHT TO APPOINT 5 OUT OF 9 ELARA BOARD SEATS & WILL CONSOLIDATE ELARA'S FINANCIAL RESULTS EFFECTIVE 31 DEC
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Last
$248.51 |
Change
-5.990(2.35%) |
Mkt cap ! $32.83B | |||
| Open | High | Low | Value | Volume |
| $242.86 | $253.49 | $241.20 | $86.16M | 344.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 175 | $248.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $249.30 | 40 | 1 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| REA (ASX) Chart |