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CoStar raises takeover bid for Domain to $4.43 per share, valued at over $2.8 billion.
US real estate giant CoStar has increased its takeover offer for Australian property listings platform Domain to $4.43 per share, valuing the company at over $2.8 billion.
This offer, a 5.5% increase from the original $4.20 per share, represents a 42% premium on Domain's share price before the initial offer.
Domain's board has agreed to due diligence with CoStar, which now claims this is its final offer.
The deal could deliver approximately $1.4 billion to Nine Entertainment, which owns 60% of Domain.
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CoStar eleva la oferta de adquisición de Dominio a $4.43 por acción, valorada en más de $2.800 millones.