CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, 2nd largest real estate classifieds firm in Australia behind News Corp-owned REA Group
CEO Robert Thomson said he's unbothered by CoStar's push to enter Australia, touting his company's media portfolio as a major advantage in pushing traffic to portals
CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7B. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm