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Aurum PropTech Buys Housing.com For ₹458 Crore

Aurum PropTech's board has approved a ₹458 crore all-stock acquisition of Housing.com from REA Group, issuing nearly 1.98 crore shares to REA at ₹231.42 each. The deal makes REA a 24.9% shareholder in Aurum and aims to combine Housing.com's 5.8 crore monthly visitors with Aurum's transaction and financing platform.

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Tag

proptech-india

Aurum PropTech To Acquire Housing.com For ₹458 Cr

Aurum PropTech's board has approved a ₹458 crore all-stock acquisition of Housing.com from REA Group, issuing nearly 1.98 crore shares to REA at ₹231.42 each. The deal makes REA a 24.9% shareholder in Aurum and aims to combine Housing.com's 5.8 crore monthly visitors with Aurum's transaction and financing platform.

3h ago · 4 min · Business

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