Domain Holdings Australia (ASX:DHG) said the initial exclusivity period granted to CoStar Group to undertake due diligence for its non-binding indicative acquisition proposal has been extended by two weeks to May 12, according to a Monday filing with the Australian bourse.
The company signed an exclusivity and process deed with CoStar Group in relation to its proposal to acquire 100% of Domain's issued capital through a scheme of arrangement for a cash consideration of AU$4.43 per share, the filing said.
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