Rightmove shares soar on Murdoch-linked takeover interest
Shares in Rightmove, the online property portal, have risen sharply on confirmation of bid interest from an Australian rival..
Keith Rupert Murdoch is an Australian-born American business magnate, investor, and media proprietor. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including in the UK, in Australia, in the US, book publisher HarperCollins, and the television broadcasting channels Sky News Australia and Fox News. He was also the owner of Sky, 21st Century Fox, and the now-defunct News of the World. With a net worth of US$21.7 billion as of 2 March 2022, Murdoch is the 31st richest person in the United States and the 71st richest in the world according to Forbes magazine.
Shares in Rightmove, the online property portal, have risen sharply on confirmation of bid interest from an Australian rival..
Rupert Murdoch is seeking to alter a family trust to ensure Lachlan remains in control after his death to preserve the media..