CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.
Source: Inman News
CoStar advances talks to purchase REA Group competitor Domain
Published in acquisition, Andy Florance, australia, costar, costar group, damian eales, domain, financial times, homes.com, Mergers and Acquisitions (M&A), Move, news corp, Nine Entertainment, portal wars, portals, rea group, real estate classifieds, realtor.com, residential real estate, robert thomson, san diego and Select
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