See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Natural Disasters
Social Media
Eid
Tariffs
Artificial Intelligence
Donald Trump
Education
Taxes
Stock Markets
US Politics
European Union
Senate
Published • loading... • Updated

Australia’s Domain grants due diligence access to CoStar for $1.8 billion buyout bid

Summary by WTVB
(Reuters) – Australia’s Domain Holdings said on Monday it has granted CoStar exclusive due diligence access for the U.S. property data group’s revised buyout proposal which values the real estate classifieds firm at A$2.80 billion ($1.76 billion). CoStar sweetened its offer to A$4.43 per share on a “best and final” basis last week, a 5.5% premium to its initial proposal of A$4.20. CoStar will be granted access to a virtual data room, Domain said…

4 Articles

All
Left
2
Center
1
Right
WTVBWTVB
Center

Australia’s Domain grants due diligence access to CoStar for $1.8 billion buyout bid

(Reuters) – Australia’s Domain Holdings said on Monday it has granted CoStar exclusive due diligence access for the U.S. property data group’s revised buyout proposal which values the real estate classifieds firm at A$2.80 billion ($1.76 billion). CoStar sweetened its offer to A$4.43 per share on a “best and final” basis last week, a 5.5% premium to its initial proposal of A$4.20. CoStar will be granted access to a virtual data room, Domain said…

Read Full Article
Sydney Morning HeraldSydney Morning Herald
Reposted by
The AgeThe Age
Lean Left

Domain board backs $2.8b bid from US giant

A takeover by digital real estate listings giant CoStar potentially paves the way for a big payday for majority shareholder Nine Entertainment.

·Sydney, Australia
Read Full Article
B&TB&T

Domain Board Approves CoStar’s Improved Bid

Nine set for mega pay day by offloading Aussie's obsession with house hunting to the US.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources lean Left
67% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sydney Morning Herald broke the news in Sydney, Australia on Sunday, March 30, 2025.
Sources are mostly out of (0)

Similar News Topics

Business

Business

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal