Domain Holdings Australia Ltd. ( (AU:DHG) ) has issued an announcement.
Domain Holdings Australia Limited has entered into an exclusivity agreement with CoStar Group, Inc. for a proposed acquisition of Domain by CoStar. The agreement allows CoStar to conduct due diligence, with Domain’s directors intending to recommend the proposal to shareholders, subject to certain conditions. This move could significantly impact Domain’s market positioning, though there is no guarantee of a final agreement.
More about Domain Holdings Australia Ltd.
Domain Holdings Australia Limited operates in the real estate industry, primarily offering digital property advertising services. The company focuses on providing property listings and related services to the Australian market.
YTD Price Performance: 72.24%
Average Trading Volume: 2,655,560
Technical Sentiment Signal: Sell
Current Market Cap: A$2.74B
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