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CoreLogic auction underway

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.