REA Group to Acquire 35% Interest in Distilled, Owner of Daft.ie

MELBOURNE, Australia–(BUSINESS WIRE)–REA Group Ltd (ASX: REA) (“REA”) today announced that it has entered into an agreement to acquire a 35% non-controlling minority interest in Distilled Ltd3 (“Distilled”), the leading multi-vertical digital marketplace operator across Ireland and Northern Ireland. The proposed investment represents an attractive opportunity for REA to collaborate with highly aligned, talented partners and extend its core property strategy into a digitally mature high growth

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