Murdoch’s REA raises offer for Rightmove to nearly $7.9 billion, FT reports

(Reuters) – Australia’s REA Group has made a second takeover proposal for Britain’s largest real estate portal, Rightmove, valuing the business at close to 5.9 billion pounds ($7.86 billion), the Financial Times reported on Friday.

($1 = 0.7509 pounds)

(Reporting by Shivani Tanna in Bengaluru; Editing by Tasim Zahid)