REA will raise*stake from 17.2% to 19.4% via issue of 5M*new shares in iProperty.*The shares are to be issued as consideration for iProperty’s acquisition of squarefoot.com.hk REA Group (REA) will*increase its stake in Australian Securities Exchange-listed iProperty Group from 17.2*per cent*to 19.4*per cent*via the issue of five*million*new shares in iProperty at $3 per share. The...
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The post REA Group to increase stake in iProperty post selling Hong Kong biz appeared first on e27.
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