Zoopla owner ZPG sold for £2.2bn May 11th, 2018

The owner of property website Zoopla and comparison site Uswitch has agreed to be bought by a US private equity firm.

Silver Lake is paying £2.2bn for ZPG, which also owns the PrimeLocation and SmartNewHomes websites.

Investors in ZPG will receive 490p a share - almost a third higher than its closing price on Thursday.

http://www.bbc.co.uk/news/business-44080217

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