REA News: CoStar Offers to Buy Australia’s Domain in $1.7 Billion Deal - 21st Feb 2025, 11:38am

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(Bloomberg) -- CoStar Group Inc. offered to buy Domain Holdings Australia Ltd. in a deal valuing the property portal at A$2.65 billion ($1.7 billion), betting that falling interest rates will boost local home sales. Domain shares surged above the value of the bid.

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