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Domain Holdings Australia Ltd. ( (AU:DHG) ) has shared an announcement.
Domain Holdings Australia Limited has received an unsolicited, non-binding indicative proposal from CoStar Group, Inc. to acquire the entire issued capital of Domain at $4.20 per share, with the transaction to be completed in cash. The Domain Board is evaluating the proposal, which is contingent on several conditions, including due diligence and Board approval, with no assurance of a completed transaction, while CoStar has already acquired a significant shareholding.
More about Domain Holdings Australia Ltd.
Domain Holdings Australia Limited operates within the real estate sector, primarily focusing on providing digital property marketplaces. The company is known for connecting individuals and businesses with residential and commercial properties in Australia.
YTD Price Performance: 25.10%
Average Trading Volume: 693,513
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$2.01B
For a thorough assessment of DHG stock, go to TipRanks’ Stock Analysis page.
