Overview

• REA Group's new proposal values Rightmove at 770p per share, totaling £6.1 billion.
• Rightmove has described the offer as unsolicited, non-binding, and highly conditional.
• Previous offers of £5.6 billion and £5.9 billion were rejected by Rightmove's board as undervaluing the company.
• REA Group, controlled by Rupert Murdoch's News Corp, has expressed disappointment at Rightmove's lack of engagement.
• Rightmove's board will carefully consider the latest proposal before responding.