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BRIEF-Rea Group Ltd updates on acquisition of PropTiger
January 10, 2017 / 4:29 AM / 10 months ago

BRIEF-Rea Group Ltd updates on acquisition of PropTiger

Jan 10 (Reuters) - Rea Group Ltd :

* Intention to acquire a 14.7% strategic stake in PropTiger, a leading digital real estate marketing platform in india

* Rea Group’s stake will be acquired for a cash consideration of AUD 67.9 million (USD 50 million), and will be funded by existing cash reserves Source text for Eikon: Further company coverage:

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