(Bloomberg) Singapore real estate startup PropertyGuru Pte has agreed to acquire all of the shares in REA Group Ltd.’s operating entities in Malaysia and Thailand, marking the biggest acquisition in its 14-year history.PropertyGuru will acquire iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com and Prakard.com in Thailand from Australia’s REA Group, the Southeast Asian company said in a statement on Monday. As part of the deal, REA, which is majority-owned by Rupert Murdoch’s News Corp. empire, will get an 18% equity interest in PropertyGuru and appoint a director to its board. No price has been disclosed for the deal.“This is our largest acquisition and transformative for PropertyGuru,” Chief Executive Officer Hari V. Krishnan said in an interview with Bloomberg News via Zoom. “This acquisition allows us to be much more synergistic and look for areas where we can invest.”The announcement comes after a flurry of deal-maki
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