California based financial and property data company CoreLogic is generating high levels of takeover interest. CoStarGroup is the most recent bidder joining the fray, with an offer of $96 per share valuing the company at $7bn. A lower bid from Stone Point Capital and Insight Partners had earlier been accepted by the company. CoreLogic’s shares have gained 12% in 2021, reflecting high levels of activity in the US property market.
CoreLogic auction underway
