Is Fairfax spinning off Domain as the Sydney belongings market reverses?
September 19, 2023
Fairfax shareholders have voted overwhelmingly to proceed with the separate drift of the Domain website and courses, just a day after the first clear symptoms emerged that the Sydney belongings marketplace goes into the opposite.
Domain definition math
Under the deal, Fairfax will preserve 60% of the shares within the separate Domain company, with modern-day Fairfax shareholders getting one Domain…