Todays AFR

As reported in the AFR today, Patrick Grove recently met with Rupert Murdoch in NY regarding REA Group’s recent 16.6% buy in of the iProperty Group. (News Corp own 61.6% of REA Group)
The article goes on to say “…I was in New York for another matter and because this was something that was starting to be explored, I got the opportunity to meet him and talk about property portals globally and talk about ASEAN [Association of South East Asian Nations] markets. It was great to hear from him that emerging markets such as ASEAN are a focus for News Corp going forward and the investment by REA is evidence of that."
No direct link to IBY by any stretch, but thought it was worthy of posting.