Domain Holdings Australia (ASX:DHG) said a majority of its shareholders approved its proposed acquisition by CoStar Group via a scheme of arrangement, according to a same-day Australian bourse filing.
A total of 99.98% of the votes cast by eligible shareholders in a Monday meeting were in favor of the acquisition, per the filing.
The company will seek orders from the Court for the approval of the scheme at the hearing currently scheduled for Wednesday, the filing said.