Baillie Gifford's Iain McCombie: Rightmove's REA rejection 'really good news' for UK M&A

Amid criticism of 'depressing' Budget

Linus Uhlig
clock • 2 min read

Rightmove's recent decision to walk away from several takeover offers from Murdoch-backed Australian property giant REA Group was “really good news” for the UK’s M&A landscape, according to veteran fund manager Iain McCombie.

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