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Domain Holdings Australia Ltd. ( (AU:DHG) ) has shared an announcement.
Domain Holdings Australia Limited has received court approval to convene a shareholder meeting regarding its acquisition by CoStar Group through a scheme of arrangement. The Scheme Booklet, including an independent expert’s report, will be distributed to shareholders, who are encouraged to vote in favor of the proposal, which is deemed fair and reasonable. The acquisition is supported by the Domain Board and Nine Entertainment Co., the controlling shareholder.
The most recent analyst rating on (AU:DHG) stock is a Sell with a A$2.80 price target. To see the full list of analyst forecasts on Domain Holdings Australia Ltd. stock, see the AU:DHG Stock Forecast page.
More about Domain Holdings Australia Ltd.
Domain Holdings Australia Limited operates in the real estate industry, providing digital property advertising and data services primarily through its online platform, domain.com.au. The company focuses on connecting buyers, sellers, and renters with real estate agents and property managers across Australia.
Average Trading Volume: 887,406
Technical Sentiment Signal: Buy
Current Market Cap: A$2.76B
Find detailed analytics on DHG stock on TipRanks’ Stock Analysis page.