CoStar Group, Inc.
CoStar Group Announces Acquisition of Domain Holdings Australia
Summary
On May 9, 2025, CoStar Group, Inc. entered into a binding Scheme Implementation Deed to acquire the remaining 83% of Domain Holdings Australia Limited's issued capital not previously acquired. CoStar Group previously acquired approximately 17% of Domain's shares in February 2025. The total cash consideration for the remaining shares is $4.43 AUD per share, subject to certain conditions. The Company expects to spend approximately $2.3 billion AUD to complete the acquisition. The transaction is subject to Domain shareholder approval, court approval, and other customary conditions.
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Exhibits (2)
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About CoStar Group, Inc.
CoStar Group, Inc. is a leading provider of information, analytics, and marketing services for the commercial real estate industry. The company's primary function is to offer comprehensive data solutions that professionals rely on to evaluate, buy, sell, finance, and invest in commercial properties. CoStar Group impacts sectors including real estate investment, property management, and urban planning through its databases and analytics tools. Its extensive suite of products, such as CoStar, LoopNet, and Apartments.com, delivers detailed property listings, market analysis, and a vast network for connecting buyers, sellers, and renters. Founded in 1987 and based in Washington, D.C., CoStar Group plays a crucial role in enhancing the transparency and efficiency of the real estate marketplace, serving a diverse clientele from brokers and appraisers to government agencies and developers.
Official SEC Documents
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