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
$234.74 |
Change
1.070(0.46%) |
Mkt cap ! $31.01B | |||
| Open | High | Low | Value | Volume |
| $237.00 | $239.62 | $233.91 | $37.53M | 159.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 215 | $234.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $235.33 | 606 | 1 |
View Market Depth
| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| REA (ASX) Chart |