ZPG, parent company of Zoopla, is to buy another comparison website business, in addition to running its existing Uswitch service.
Insurance group Admiral is selling to ZPG its website service, known as Penguin Portals and including Confused.com, in a deal reported to be worth some £508m.
ZPG will control the acquired businesses through its comparison site division, RVU. The Spanish insurance group Mapfre said it will also sell its stake in Rastreator.com and Preminen as part of the deal.
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Guess Zoopla visitors will soon be swamped with switching/comparison ads. Great.
I really want to sell something to zpg!
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