India: PropTiger buys Softbank-backed Housing in all-stock deal worth $70m-$75m

India: PropTiger buys Softbank-backed Housing in all-stock deal worth $70m-$75m

Visual from the company website. September 2015

News Corp.-backed real estate portal PropTiger said on Tuesday that it has acquired Mumbai-based Housing.com in an all-stock deal, and will receive $50 million in fresh funds from News Corp.’s REA Group Ltd and $5 million from Softbank Group.

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