Go Compare Rebuffs Zoopla Bid

The London Stock Exchange reported earlier today that ZPG – the owner of Zoopla, Uswitch and other brands – made an offer last week to acquire consumer insurance brand Go Compare, but this was rejected.

ZPG will now consider its position, reports the LSE, noting that Go Compare, which was spun-off from eSure last year remains a takeover target. Go Compare shares rose by around 10 percent today, indicating that the markets think another offer may well emerge in ther near future.

 

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