GoCompare rejects 'opportunistic' takeover bid by Zoopla owner

Price comparison group says ZPG’s latest unsolicited offer of £420m fundamentally devalues the business and its prospects

GoCompare has rejected an unsolicited takeover offer by the owner of Zoopla and uSwitch valuing the business at nearly £420m.

The price comparison group said the proposal “fundamentally undervalues GoCompare and does not reflect the strong growth prospects of the company” and was rejected this month.

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