According to themercury.com.au,  Online property advertiser REA Group which owns and operates of Realestate.com.au has launched a $750 million takeover bid for Southeast Asia-focused iProperty.com REA Group's subsidiary Realestate.com.au today said it was proposing to purchase all iProperty Group's shares at $4 per share, or $1.20 a share plus 0.7 shares in a newly formed unlisted company with an … [Read more...]