bullish
Domain (DHG AU): CoStar's A$4.20/Share NBIO
561 Views21 Feb 2025 09:09
The indicative terms look reasonable. And you have willing seller. Trading 4.5% through terms. CoStar can afford to pay more. I'd be picking up shares if they retrace closer to indicative terms.
What is covered in the Full Insight:
- Introduction to the Deal
- Details of CoStar Group's Proposal
- Domain's Financial Performance
- Comparison with Competitors
- Market Reactions and Conditions for the Scheme
Boomeranged on Thu, 27 Mar 2025 12:03
Domain has announced a $4.43/share NBIO from Costar - deemed best & final. It's a 5.5% premium to its initial bid, and a 42% premium to the 20th Feb price. Eligible shareholders may benefit from franking credits of ~A$0.04/share, suggesting a divi upward of A$0.0933/share. Any dividend paid wil be netted from the Offer consideration. Domain said they will engage with Costar and provide due DD.
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