bullish

Rightmove PLC

REA/Rightmove: Third Proposal Seems Close to Fair Value

221 Views24 Sep 2024 07:34
The Board of Rightmove PLC (RMV LN) will consider REA Group Ltd (REA AU)'s third proposal (implied value of 770p/share, 39% premium, 20.4x EV/NTM EBITDA, 28x Fwd P/E).
What is covered in the Full Insight:
  • Introduction
  • Details of the Proposals
  • Financial and Strategic Analysis
  • Market and Competitive Landscape
  • Conclusion and Next Steps
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 8-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top Quartile
Jesus Rodriguez Aguilar
European Event-Driven Analyst
Multi-AssetEvent-Driven
Price Chart(Sign Up to Access)
analytics-chart
x