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United Kingdom

ZPG PLC (ZPG.L)

ZPG.L on London Stock Exchange

487.80GBp
19 Jun 2018
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-0.40 (-0.08%)
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Wed, May 23 2018

BRIEF-Zoopla founder Chesterman to remain at firm after Silver Lake takeover

* FOUNDER ALEX CHESTERMAN SAYS WILL STAY WITH THE BUSINESS AFTER SILVER LAKE TAKEOVER

Britain's Zoopla, PrimeLocation bought by Silver Lake for $3 billion

Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out of online property portals.

Zoopla, PrimeLocation bought by Silver Lake for £2.2 billion

Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds, landing the Daily Mail publishing group a 642 million pound windfall for cashing out of online property portals.

UPDATE 5-Britain's Zoopla, PrimeLocation bought by Silver Lake for $3 bln

* ZPG shares up 30 pct to 489 pence (Adds figures on housing market in paragraph 3)

RBC to provide financing for £2.2 billion ZPG buyout

(LPC) - Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG , owner of online property platforms Zoopla and PrimeLocation.

RBC to provide financing for £2.2 billion ZPG buyout

(LPC) - Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG , owner of online property platforms Zoopla and PrimeLocation.

CORRECTED-Silver Lake to buy Zoopla and PrimeLocation for $3 bln

May 11 Silver Lake Management Company has agreed to acquire ZPG plc, the owner of British property websites Zoopla and PrimeLocation, for 2.2 billion pounds ($3 billion). Under the terms of the deal, each ZPG shareholder would get 490 pence in cash, which implies a premium of 31 percent to ZPG's Thursday close, U.S.-based private equity firm Silver Lake said in a statement on Friday. ($1 = 0.7399 pounds) (Reporting by Rahul B in Bengaluru Editing by Alexander Smith)

BRIEF-ZPG Plc Agrees To Sell Hometrack Australia to REA Group For A$130 Mln

* AGREED TO SELL HOMETRACK AUSTRALIA PTY LIMITED TO REA GROUP LIMITED FOR A$130 MILLION IN CASH Source text for Eikon: Further company coverage:

BRIEF-ZPG Says Co's Property Websites had over 58 Mln Visits In Jan

* CONSUMER TRAFFIC TO ZPG'S PROPERTY WEBSITES OF OVER 58 MILLION VISITS IN JAN, UP 10 PERCENT Y-O-Y WITH MOBILE TRAFFIC ACCOUNTING FOR 60 PERCENT OF VISITS‍​ Source text for Eikon: Further company coverage:

BRIEF-ZPG Says Remains Comfortable With 2018 Market Expectations

* HAS HAD A GOOD START TO FINANCIAL YEAR ACROSS BOTH DIVISIONS, WITH ITS WEBSITES AND MOBILE APPS ATTRACTING 53 MILLION AVERAGE MONTHLY VISITS

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