News Corporation acquired Flatmates.com.au Pty Ltd (REA Group) for US$19 million cash (plus up to US$15M contingent), a transaction announced in May 2016.
REA Group acquired Australia's market-leading share-accommodation listing site, extending its reach into the growing shared-accommodation category.
REA Group acquired Australia's market-leading share-accommodation listing site, extending its reach into the growing shared-accommodation category.
Advisory firms were not disclosed for this transaction.