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REA Group agreed to buy a 35% non-controlling interest in Distilled for about A$409m. The deal is expected to complete before the end of calendar year 2026, subject to regulatory approvals and other customary conditions.
REA Group agreed to acquire a 35% non-controlling stake in Distilled for approximately A$409M, funded by debt and cash. The deal is expected to be modestly core EPS accretive in year one and to close by end-2026, subject to regulatory approvals.Material DetailsContext by AI AnalystThis is a strateg…