Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has shared an update.
Nine Entertainment Co. Holdings Limited, as the controlling shareholder of Domain Holdings Australia Limited, has acknowledged the receipt of an unsolicited, non-binding indicative proposal from CoStar Group Inc. for Domain. This proposal is currently under assessment by Domain’s board, and Nine will evaluate the offer with a focus on the interests of its shareholders, highlighting Domain’s strategic importance to Nine’s growth strategy.
More about Nine Entertainment Co. Holdings Limited
Nine Entertainment Co. Holdings Limited is a leading Australian media company primarily involved in broadcasting, publishing, and digital media services. It has a significant market focus on delivering diverse media content across television, radio, and online platforms.
YTD Price Performance: 19.35%
Average Trading Volume: 3,141,399
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$2.35B
For detailed information about NEC stock, go to TipRanks’ Stock Analysis page.