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Domain Holdings Australia Ltd. ( (AU:DHG) ) has shared an update.
Domain Holdings Australia Limited has received approval from the Foreign Investment Review Board for its proposed acquisition by CoStar Group, Inc. The acquisition, structured as a scheme of arrangement, is now subject to shareholder and court approvals. The Domain Board and its major shareholder, Nine Entertainment Co. Holdings Limited, have expressed their support for the scheme, contingent on the absence of a superior proposal and a favorable independent expert report.
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, primarily focusing on property listings and related services. The company is known for its online real estate platform, which serves as a marketplace for property buyers, sellers, and renters in Australia.
Average Trading Volume: 699,468
Technical Sentiment Signal: Buy
Current Market Cap: A$2.78B
For detailed information about DHG stock, go to TipRanks’ Stock Analysis page.