Skip to main content

Posts

Showing posts with the label Comparethemarket ready set go for Large IPO

Comparethemarket ready set go for Large IPO

The South African owners of Comparethemarket, Britain's largest price comparison website, are considering a public listing that could value its parent company at several billion pounds. BGL Group, which also owns insurance brands such as Dial Direct  ,a trading name of BISL Ltd , has begun exploring a flotation in London. Sources said on Wednesday that no final decisions had been taken by BGL, and that bankers had yet to be formally hired to work on a listing. If they do decide to press ahead, Comparethemarket would have a direct public company peer in the form of Moneysupermarket while Uswitch is owned by Zoopla, the listed property group. T he r ecent resignation of CFO who has served as Zoopla Property Group's finance chief , joined the business in 2013. He spent more than a decade at Betfair, including a stint as its interim CEO. Morana is a non-executive at BooHoo.com , his departure has triggered speculation ,that zoopla may be  vulnerabl...