CoStar Group agrees to buy Domain Holdings for A$4.43 per share in cash
CoStar Group signed a binding Scheme Implementation Deed to acquire the remaining shares of Australian property marketplace Domain Holdings it does not already own. The deal is subject to Domain shareholder, court and Foreign Investment Review Board approvals, and CoStar expects to spend about A$2.3 billion ($1.5 billion) to complete it.
Key points
- Domain shareholders would receive A$4.43 cash per share, less any special dividend paid after May 9, 2025.
- CoStar expects to spend about A$2.3 billion ($1.5 billion) for the roughly 83% of Domain it does not own; it bought about 17% in February 2025 for A$452 million ($285 million).
- Controlling shareholder Nine Entertainment, with 60.1% of Domain shares, intends to vote in favor; the scheme meeting is expected in mid-August 2025, with implementation expected in the third quarter of 2025.
- A break fee or reverse break fee of about A$28 million ($18 million) applies in certain circumstances.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 09, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.