News Corporation acquired Mortgage Choice Limited (REA Group) for ~A$244 million (~US$183 million) cash, a transaction announced in June 2021.
REA Group acquired the leading Australian mortgage-broking business, complementing its Smartline footprint and accelerating its financial-services strategy at national scale.
REA Group acquired the leading Australian mortgage-broking business, complementing its Smartline footprint and accelerating its financial-services strategy at national scale.
Advisory firms were not disclosed for this transaction.