CoStar Targets Australia’s Domain With $1.7 Billion Takeover Proposal
CoStar’s proposal comes 14 months after it completed a $125 million takeover of OnTheMarket, one of the U.K.’s three ...
US real estate giant mounts takeover bid for Nine’s Domain
American real estate giant Costar has bought up 20% of Domain and is mounting a takeover bid for the Australian listings company.Costar scooped up 19.99% of Domain stock on Thursday before the close ...
US property giant makes $2.7b bid for Domain
The Nine-owned digital real estate business is in the sights of US suitor CoStar, which has already picked up close to a 20 ...
capitalbrief1h
Domain confirms CoStar’s $2.6b cash bid, says it's under review
Domain confirmed that US property player CoStar has submitted a non-binding indicative offer to acquire the shares it doesn’t ...
US property giant lobs $2.7b bid for Domain after share raid
US property giant CoStar has made a $2.7 billion takeover bid for Australia’s second-biggest real estate platform in the ...
CoStar Offers to Buy Australia’s Domain in $1.7 Billion Deal
CoStar Group Inc. offered to buy Domain Holdings Australia Ltd. in a deal valuing the property portal at A$2.65 billion ($1.7 ...
Crunch time for Nine Entertainment as US giant CoStar flags $2.65bn bid for Domain
It’s crunch time for Nine to figure out what sort of media company it wants to be, and will come under intense shareholder ...
capitalbrief14h
CoStar raids Domain shares, eyes takeover
US property player CoStar has submitted a non-binding offer to acquire Domain after building a substantial stake in the real ...
Private equity firms not interested in Domain
The $1.7bn Domain Group is said to have been shopped to private equity firms far and wide to test their interest in taking a ...
Market Share Losses May Have Bottomed
Domain’s balance sheet is in sound condition. Despite high revenue cyclicality, financial risk is low given high operating margins, a low net debt position, and forecast positive cash flows.