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
$238.28 |
Change
-3.340(1.38%) |
Mkt cap ! $31.60B | |||
| Open | High | Low | Value | Volume |
| $240.00 | $241.62 | $237.87 | $6.382M | 26.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5 | $238.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $238.28 | 2 | 1 |
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| Last trade - 12.40pm 08/09/2025 (20 minute delay) ? |
| REA (ASX) Chart |