US real estate firm CoStar offers to buy Australia's Domain in $1.7 billion deal
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CoStar, a US online real estate firm, has made an offer to acquire Australia's Domain Holdings for $1.7 billion. This acquisition could expand CoStar's presence in the international real estate market.
February 20, 2025 | 10:00 pm
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CoStar has offered to acquire Australia's Domain Holdings for $1.7 billion, which could enhance its international market presence.
The acquisition of Domain Holdings by CoStar is a significant move that could expand CoStar's market reach and influence in the international real estate sector. This strategic acquisition is likely to be viewed positively by investors, potentially driving up the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 90