Domain Enters Into Scheme With CoStar
On the 27th March 2025, Domain Holdings Australia (DHG AU) announced a $4.43/share NBIO from Costar, and subsequently entered into an exclusivity and process deed.
Domain has now entered into a Scheme with CoStar on the same terms. Including any dividends paid. Curiously, terms were not declared "best & final" as stated in the NBIO.
Apart from the standard Scheme vote - expected mid-August, this needs FIRB to sign off. Potential implementation late-August. Nine Entertainment Co Holdings (NEC AU) (60.1% shareholder) is supportive.
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