REA Group's (ASX:REA) Chief Executive Officer Owen Wilson's unexpected announcement to retire later in the year, has raised doubts about the company's future efforts to acquire UK-based Rightmove, particularly following their previous failed 5.6 billion pound sterling bid, according to a Thursday report by The Australian citing investment and financial services firm Citi.
Citi analyst Siraj Ahmed noted that while the six-month restriction on the bid ends in March, Wilson's departure could make another bid unlikely in the near term.
The investment firm maintained REA's buy rating and price target of AU$230.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。