Company News 

GoCompare rejects second Zoopla bid

GoCompare rejects second Zoopla bid

GoCompare (GOCO) has rejected a 110p-a-share offer from fellow price comparison company ZPG (ZPG) – formerly Zoopla. It’s the second time this year the property specialist has attempted to buy its insurance-focused peer, last making an identical bid in May. On both occasions, management at the target company said the proposal “fundamentally undervalues” its website.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now