Domain Holdings Says No Revised Takeover Offer Received from CoStar

MT Newswires Live2025-03-21

Domain Holdings Australia (ASX:DHG) has not received a revised takeover proposal from real estate conglomerate CoStar other than the proposed scheme of arrangement disclosed last Feb. 21, according to a Friday filing with the Australian bourse.

This is in response to a Thursday article by The Australian Financial Review saying that Domain's major shareholder, Nine Entertainment (ASX:NEC) had begun talks on selling its stake to CoStar.

Domain's board continues to consider CoStar's proposal, which requires the support of Nine Entertainment, per the filing. Domain said it is engaged with Nine Entertainment on CoStar's bid.

Domain Holdings' shares were up 1% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2521115074?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-21 08:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2521115074","market":"sh","top_or_hot":-1,"title":"Domain Holdings Says No Revised Takeover Offer Received from CoStar","media":"MT Newswires Live","content":"<html><body><p> Domain Holdings Australia (ASX:DHG) has not received a revised takeover proposal from real estate conglomerate CoStar other than the proposed scheme of arrangement disclosed last Feb. 21, according to a Friday filing with the Australian bourse.</p><p>This is in response to a Thursday article by The Australian Financial Review saying that Domain's major shareholder, Nine Entertainment (ASX:NEC) had begun talks on selling its stake to CoStar.</p><p>Domain's board continues to consider CoStar's proposal, which requires the support of Nine Entertainment, per the filing. Domain said it is engaged with Nine Entertainment on CoStar's bid.</p><p>Domain Holdings' shares were up 1% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Domain Holdings Says No Revised Takeover Offer Received from CoStar</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDomain Holdings Says No Revised Takeover Offer Received from CoStar\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-21 08:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Domain Holdings Australia (ASX:DHG) has not received a revised takeover proposal from real estate conglomerate CoStar other than the proposed scheme of arrangement disclosed last Feb. 21, according to a Friday filing with the Australian bourse.</p><p>This is in response to a Thursday article by The Australian Financial Review saying that Domain's major shareholder, Nine Entertainment (ASX:NEC) had begun talks on selling its stake to CoStar.</p><p>Domain's board continues to consider CoStar's proposal, which requires the support of Nine Entertainment, per the filing. Domain said it is engaged with Nine Entertainment on CoStar's bid.</p><p>Domain Holdings' shares were up 1% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0009356076.USD","symbol_name":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2521115074","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521115074","pubTimestamp":1742518091,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Domain Holdings Australia  has not received a revised takeover proposal from real estate conglomerate CoStar other than the proposed scheme of arrangement disclosed last Feb. 21, according to a Friday filing with the Australian bourse.This is in response to a Thursday article by The Australian Financial Review saying that Domain's major shareholder, Nine Entertainment  had begun talks on selling its stake to CoStar.Domain's board continues to consider CoStar's proposal, which requires the support of Nine Entertainment, per the filing. Domain said it is engaged with Nine Entertainment on CoStar's bid.Domain Holdings' shares were up 1% in recent trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4548":"巴美列捷福持仓","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","NEC.AU":"NINE ENTERTAINMENT CO HOLDIN","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK7052":"广播","XKO.AU":"标普/澳交所 300指数","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","XAO.AU":"标普/澳交所 普通股指数","BK4585":"ETF&股票定投概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","DHG.AU":"DOMAIN HOLDINGS AUSTRALIA LT","XJO.AU":"标普/澳交所 200指数","BK4123":"调查和咨询服务","BK7503":"科技股","BK4079":"房地产服务","BK7002":"互动媒体与服务","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","CSGP":"科斯塔","BK4588":"碎股"},"translate_title":"Domain Holdings表示没有收到CoStar修改后的收购要约","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DHG.AU":0.9,"XJO.AU":0.9,"NEC.AU":0.9,"XKO.AU":0.9,"CSGP":1,"XAO.AU":0.9},"content_text":"Domain Holdings Australia (ASX:DHG) has not received a revised takeover proposal from real estate conglomerate CoStar other than the proposed scheme of arrangement disclosed last Feb. 21, according to a Friday filing with the Australian bourse.This is in response to a Thursday article by The Australian Financial Review saying that Domain's major shareholder, Nine Entertainment (ASX:NEC) had begun talks on selling its stake to CoStar.Domain's board continues to consider CoStar's proposal, which requires the support of Nine Entertainment, per the filing. Domain said it is engaged with Nine Entertainment on CoStar's bid.Domain Holdings' shares were up 1% in recent trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2521115074","isCrawlerRequest":true}