AI assistant
REA GROUP LTD — Capital/Financing Update 2017
Jan 22, 2017
65679_rns_2017-01-22_28d57bef-209b-4c1b-8cbb-0186e7c39d28.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 101] intentionally omitted <==
ASX Announcement
23 January 2017
REA Group completes strategic investment in PropTiger
REA Group Limited (ASX:REA) today announced that it has successfully completed the acquisition of a 14.7% strategic stake in PropTiger, a leading online real estate services company in India, as announced to the market on 10 January, 2017. The acquisition is effective from 21 January 2017.
Ends
For further information:
REA Group Limited Investors REA Group Limited Media
Owen Wilson Natalie Cerny Chief Financial Officer Head of Corporate Affairs P: +61 3 8456 4288 M: +61 407 487 221 E: [email protected] E: [email protected]
About REA Group Limited: (www.rea-group.com): REA Group Limited ACN 068 349 066 (ASX:REA) (“REA Group”) is a multinational digital advertising business specialising in property. REA Group operates Australia’s leading residential and commercial property websites, realestate.com.au and realcommercial.com.au, European sites casa.it, atHome.lu and immoRegion.fr, Chinese property site myfun.com and a number of property portals in Asia via its ownership of iProperty Group. REA Group also has a significant shareholding in US based Move, Inc and PropTiger in India.
==> picture [596 x 73] intentionally omitted <==