Zoopla Property Group PLC

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Wednesday, November 15


News

GoCompare.con - Zoopla offer rejected

ZPLA

GoCompare (GoCo) has rejected a mixed cash and share offer from property portal and Uswitch owner Zoopla. The offer, which valued GoCo at 110p per share, and was rejected by the board on the basis that it fundamentally undervalued the business. com (GoCo) revealed a 4.1% rise in revenue in the first half, notably slower than the previous half, although adjusted operating profits rose 21.5% thanks to an improved marketing margin. Revenue from Insurance products accounted for 94% of the group total and grew 3.5% in the half, driven by higher interactions, higher income per sale and improved conversion.

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hl.co.uk
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News

GoCompare rejects Zoopla owner’s approach

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ZPG approached the company on 8 November 2017 regarding a potential acquisition for a consideration of 110p per GoCompare share. Listed price comparison website business GoCompare Group has rejected a takeover bid by the owner of Zoopla, uSwitch and PrimeLocation. Contact us on:. Contact us using the details below.

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insidermedia.com
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Tuesday, November 14


News

Go Compare jumps 10% after it rejects £460m Zoopla bid

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Published: 23:03, 14 November 2017 | Updated: 23:03, 14 November 2017. Shares in price comparison website Go Compare rose by 10 per cent last night after it rejected a £460million bid from Zoopla owner ZPG. Price comparison website Go Compare jumps 10% after it rejects £460m Zoopla bid. THIS IS MONEY PODCAST. THIS IS MONEY'S SIX OF THE BEST.

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thisismoney.co.uk
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Social Chatter

Zoopla Property Group PLC (LON250:ZPLA) social chatter is higher than usual

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Zoopla fails to hit high note as Gocompare snubs 'highly opportunistic' takeover bid https://t.co/EavsSDHJmc #oohinteresting
News

Zoopla fails to hit high note as Gocompare snubs 'highly opportunistic' takeover bid

ZPLA

Zoopla fails to hit high note as Gocompare snubs 'highly opportunistic' takeover bid. ZPG proposed to buy the business for 110p-a-share in late May and tabled the same offer again last week, but Gocompare said the bid "fundamentally undervalues" the website. Sir Peter, who chairs Gocompare's board and founded the insurers Direct Line and Esure, said he was pleased with the transformation of the business and saw ZPG's offer as opportunistic. It is unclear if the firm intends to return with a higher offer, simply telling investors on Tuesday that the board was now "considering its position".

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telegraph.co.uk
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News

GoCompare shuts down Zoopla's "highly opportunistic" takeover bid

ZPLA CLX

GoCompare today shut down a takeover bid from Zoopla Property Group (ZPG), which it said was "highly opportunistic" and undervalued the company. It marks the latest unsolicited approach by ZPG this year, according to GoCompare, which said it received an initial offer that valued the company at 110p per share in May. Oakbrook Invests Limited Liability Company holds 0.21% in Intel Corporation (NASDAQ:INTC) or 93,729 shares. Cowen and Company Reaffirms Buy Rating for Monster Beverage Corporation (MNST) Following the transaction, the director now directly owns 52,000 shares in the company, valued at approximately $2,912,000. As of the end of the quarter American International Group Inc had sold a total of 5,996 shares trimming its position 3.3%.

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Zoopla tycoon makes £450m bid approach for rival Gocompare.com

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Sky News has learnt that ZPG, which is headed by the entrepreneur Alex Chesterman, approached the board of Gocompare in recent days to propose buying the company for a price thought to be in the region of 110p-a-share. At 110p, the offer represented a roughly 20% premium to the level at which Gocompare shares were trading on Tuesday afternoon, although they were trading higher than the offer price as recently as a month ago. Competition regulators recently gave the price comparison market a relatively clean bill of health, although they have opened a further probe into Comparethemarket over the way it has set up contracts with insurers. Deutsche Bank is understood to be advising Gocompare on the approach from ZPG, which is being advised by Credit Suisse and Jefferies.

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Monday, November 06


News

Hotspots for 'nosey neighbours' checking other home owners' property values revealed - AOL UK Money

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Reading was also fourth on the list of places where people are particularly likely to run a search on how much their own home could be worth. The study took into account whether people had identified themselves as the home owner or a neighbour when running the search. 1. Reading, 61%, £418,109, minus 0.66%2. Cambridge, 52%, £455,524, 1.13%3. Bedford, 51%, £326,153, 2.12%4. Milton Keynes, 47%, £306,206, 2.22%5. London, 47%, £748,065, 0.46%6. Colchester, 43%, £315,544, minus 0.52%7. Bristol, 25%, £318,940, 2.66%8. Coventry, 17%, £196,491, 2.78%9. Swindon, 16%, £254,251, 3.24%10. Northampton, 16%, £249,190, 1.56%. 1. Bedford, 67%, £326,153, 2.12%2. Milton Keynes, 62%, £306,206, 2.22%3. Colchester, 56%, £315,544, minus 0.52%4. Reading, 56%, £418,109, minus 0.66%5. Swindon, 53%, £254,251, 3.24%6. Northampton, 46%, £249,190, 1.56%7. Bristol, 39%, £318,940, 2.66%8. Cambridge, 35%, £455,524, 1.13%9. Southampton, 31%, £282,931, minus 0.42%10. Ipswich, 28%, £263,956, 4.74%.

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Friday, November 03


Social Chatter

Zoopla Property Group PLC (LON250:ZPLA) social chatter is higher than usual

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RT @Jas_Ghattaora: Buying or selling a home.. contact us......Home of the 1% selling fee https://t.co/MUg2xDSe3L @Zoopla @rightmove

Wednesday, October 18


Social Chatter

Zoopla Property Group PLC (LON250:ZPLA) social chatter is higher than usual

ZPLA
House prices: Zoopla research shows property crash crisis as THIS area tumbles £120 a day #Property https://t.co/rxijyDXQfj