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Domain Holdings Announces Acquisition by CoStar Group

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Domain Holdings Announces Acquisition by CoStar Group

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The latest update is out from Domain Holdings Australia Ltd. ( (AU:DHG) ).

Domain Holdings Australia Limited announced a proposed scheme of arrangement where CoStar Group, Inc. will acquire 100% of its shares, pending shareholder approval and court sanction. This acquisition could significantly impact Domain’s market positioning by integrating with CoStar Group’s extensive real estate network, potentially benefiting stakeholders through enhanced service offerings and market reach.

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 within the real estate industry, providing digital property advertising and media services. The company focuses on connecting property seekers with real estate agents, offering a platform for property listings and related services.

Average Trading Volume: 694,226

Technical Sentiment Signal: Buy

Current Market Cap: A$2.78B

See more data about DHG stock on TipRanks’ Stock Analysis page.

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