Brief: REA Group To Acquire 35% Interest In Distilled, Owner Of Daft.Ie
29/09/2026 02:35
BRIEF-REA Group To Acquire 35% Interest In Distilled, Owner Of Daft.Ie Sept 29 (Reuters) - REA Group Ltd REA.AX:
REA TO ACQUIRE 35% INTEREST IN DISTILLED, OWNER OF DAFT.IE
DEAL VALUED AT €248 MILLION (A$409 MILLION); EXPECTED TO BE MODESTLY CORE EPS ACCRETIVE IN FIRST YEAR
ACQUISITION TO BE FUNDED FROM DEBT AND EXISTING CASH RESERVES
DEAL EXPECTED TO COMPLETE BEFORE END OF CALENDAR YEAR 2026, SUBJECT TO REGULATORY APPROVALS
Further company coverage: REA.AX
((Reuters.Briefs@thomsonreuters.com;))
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