Big news in Australia! A US company called CoStar wants to buy Domain, a big Australian real estate website. Think of it like buying a really popular online store for houses and apartments. This could be a huge change for Domain and other Australian companies.
- CoStar offered a lot of money for Domain – about $1.69 billion!
- Domain's stock price went way up after the offer because investors are excited.
- The deal is not final, but many experts think it will happen.
Fact | Number |
---|---|
CoStar's offer price per share | A$4.20 |
Domain's stock price increase | ~45% |
CoStar's stake in Domain | 16.9% |