CoStar Group to Acquire OnTheMarket for ~£100 Million

October 19, 2023

CoStar Group has proposed to acquire UK residential property portal OnTheMarket for £1.10 per share, roughly £100 million, subject to shareholder approval. The deal provides CoStar with an entry into the UK residential marketplace and OnTheMarket will benefit from significant marketing investment and integration into CoStar's global portal network.

Buyers
CoStar Group
Targets
OnTheMarket
Industry
Real Estate
Location
England, United Kingdom
Transaction Type
Buyout

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