CoStar Group Increases Offer for Domain Holdings to AU$4.43 Per Share

Domain Holdings Australia Limited (ASX: DHG) has received an improved non-binding indicative proposal from CoStar Group, Inc., offering AU$4.43 per share to acquire 100% of Domain's issued capital via a scheme of arrangement. This revised offer follows CoStar's initial AU$ 4.20 per share proposal on 21 February 2025, representing a 42% premium to Domain's share price on 20 February 2025 and a 5.5% increase from the original bid.

The Domain Board has agreed to engage with CoStar, allowing due diligence under certain conditions. The proposal remains subject to exclusivity arrangements and Board approval by 28 March 2025. Additionally, eligible shareholders may benefit from up to AU$ 0.04 per share in franking credits if a pre-completion special dividend is declared. CoStar has stated this is its best and final offer without a competing bid.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com