News Corp
Grove hits it out of the park with REA-iProperty merger
Patrick Grove gets his biggest deal yet in the takeover of iProperty by ASX-listed REA Group Ltd, valued at US$536mil. He takes some questions from Mexico City while waiting to board a flight back to KL.
Catcha’s iProperty gets US$100mil funding from News Corp company
Online investment firm Catcha Group has announced that REA Group, an affiliate of News Corp, has acquired a 17.22% stake in its portfolio company, iProperty Group.