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Supreme Court Approves Domain Holdings Acquisition by CoStar Group

Story Highlights
  • Domain Holdings operates in the real estate industry, offering digital property solutions.
  • The acquisition by CoStar Group has been approved, impacting Domain’s trading and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Supreme Court Approves Domain Holdings Acquisition by CoStar Group

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An update from Domain Holdings Australia Ltd. ( (AU:DHG) ) is now available.

The Supreme Court of New South Wales has approved the acquisition of Domain Holdings Australia Limited by CoStar Group, Inc. through a scheme of arrangement. Following this approval, Domain will suspend its trading on the ASX, and shareholders will receive a special dividend and cash consideration as part of the acquisition process.

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 listings and related services. The company focuses on offering digital solutions for property buyers, sellers, and renters in Australia.

Average Trading Volume: 634,022

Technical Sentiment Signal: Buy

Current Market Cap: A$2.79B

Find detailed analytics on DHG stock on TipRanks’ Stock Analysis page.

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