• Silver Lake makes a $3B offer to buy property portal Zoopla, the Zillow of the UK

    3 monthes ago - By Tech Crunch

    The UK housing market has cooled down on the heels of the EU/Brexit referendum vote, but that hasn't stopped M&A activity around property market companies. Property portal Zoopla - a leader in the UK market with 50 million visits across its apps and sites, and 25,000 business partners integrated with its platform - has announced that Silver Lake has made a cash offer of 490 pence per share for the company, equivalent to about £2.2 billion .
    The figure represents a doubling of the company's valuation since it went public in 2014 at a valuation of $1.5 billion (it trades as ZPG on the London...
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  • Britain's Zoopla, PrimeLocation bought by Silver Lake for $3 billion

    3 monthes ago - By Reuters

    Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds , delivering a windfall for its largest shareholder the Daily Mail publishing group.
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  • Silver Lake to buy property websites Zoopla, PrimeLocation for $3 billion

    3 monthes ago - By Reuters

    U.S.-based private equity firm Silver Lake Management Company has agreed to acquire ZPG plc , the owner of British property websites Zoopla and PrimeLocation, for 2.2 billion pounds .
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