Investing.com-- U.S. real estate data firm CoStar Group (NASDAQ:CSGP) has agreed to acquire Australia’s Domain Holdings (ASX:DHG) for an implied enterprise value of A$3.0 billion ($1.9 billion), the target company announced on Friday.
Investing.com-- Domain Holdings Australia Ltd (ASX:DHG) said on Thursday it will engage with a bid from U.S. peer CoStar Group Inc (NASDAQ:CSGP) after the latter increased its offer for the Australian classifieds firm.
Investing.com-- Shares of Domain Holdings Australia Ltd (ASX:DHG) rose sharply on Friday after the Australian classifieds firm received a takeover bid from U.S. peer CoStar Group Inc (NASDAQ:CSGP), with shares trading above the latter’s offer.