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Domain Holdings Backs CoStar Acquisition with Shareholder Support

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Domain Holdings Backs CoStar Acquisition with Shareholder Support

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Domain Holdings Australia Ltd. ( (AU:DHG) ) has provided an announcement.

Domain Holdings Australia Limited has announced a proposed acquisition by CoStar Group, Inc. through a scheme of arrangement, with a share offer of $4.43, deemed fair and reasonable by an Independent Expert. The Domain Board and major shareholder Nine Entertainment Co. Holdings Limited support the scheme, highlighting its premium value and strategic benefits for shareholders.

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 property search and listing services through its platform. The company focuses on connecting buyers, sellers, and renters with real estate opportunities across Australia.

Average Trading Volume: 887,406

Technical Sentiment Signal: Buy

Current Market Cap: A$2.76B

For an in-depth examination of DHG stock, go to TipRanks’ Overview page.

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