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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Admiral completes sale of Penguin Portals and Preminen comparison businesses to RVU

By BFN News | 01:09 PM | Friday 30 April, 2021
Admiral Group has announced that ZPG Comparison Services Holdings UK (RVU) has completed the purchase of Penguin Portals Group.
This comprises the online comparison portals Confused.com, Rastreator.com and LeLynx.fr and the group?s technology operation Admiral Technologies. It also includes its 50% share of Preminen Price Comparison Holdings Limited.
MAPFRE has also sold its 25% holding in Rastreator and 50% holding in Preminen as part of the transaction.
The total transaction value, including the amount attributable to MAPFRE, is £508 million and has been satisfied in cash on completion.
The proceeds to Admiral, net of minority interests and transaction costs, amounts to approximately £460 million. ....

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Admiral completes sale of Penguin Portals and Preminen comparison businesses to RVU | 30 April 2021

Admiral completes sale of Penguin Portals and Preminen comparison businesses to RVU ....

United Kingdom , Milena Mondini , Admiral Group , Comparison Services Holdings United Kingdom , Penguin Portals Group , Preminen Price Comparison Holdings , Services Holdings United Kingdom , Penguin Portals , Admiral Group Plc , Lon Adm , Fdm L , ஒன்றுபட்டது கிஂக்டம் , ஒப்பீடு சேவைகள் ஹோல்டிங்ஸ் ஒன்றுபட்டது கிஂக்டம் , பென்குயின் பார்டல்ஸ் குழு , சேவைகள் ஹோல்டிங்ஸ் ஒன்றுபட்டது கிஂக்டம் , பென்குயின் பார்டல்ஸ் ,

UK Insurer Admiral Sells Price Comparison Unit to Zoopla in $685 Million Deal

UK Insurer Admiral Sells Price Comparison Unit to Zoopla in $685 Million Deal
UK home and car insurer Admiral Group Plc agreed to sell its price-comparison unit to the owner of property portal Zoopla in a transaction valued at 508 million pounds ($685 million).
Admiral will get about 450 million pounds in the cash deal, which is expected to be completed in the first half of next year, according to a company statement on Tuesday. Spanish insurer Mapfre SA is also selling stakes in two of the businesses.
Shares in Admiral rose by as much as 3.6% to a record 3,027 pence in London on Tuesday. ....

United Kingdom , David Stevens , Stoxx Europe , Tariq Syed , Admiral Penguin Portals Group , Admiral Group Plc , Comparison Services Holdings Uk Ltd , Penguin Portals Group , Silver Lake , ஒன்றுபட்டது கிஂக்டம் , டேவிட் ஸ்டீவன்ஸ் , தாரிக் சையத் , ஒப்பீடு சேவைகள் ஹோல்டிங்ஸ் இங்கிலாந்து லிமிடெட் , பென்குயின் பார்டல்ஸ் குழு , வெள்ளி ஏரி ,

Admiral agrees to sell Confused.com in £500 million deal

Admiral agrees to sell Confused.com in Â£500 million deal
The insurance giant will sell its comparison website business in a deal with rival Uswitch
09:52, 29 DEC 2020
Updated
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United Kingdom , David Stevens , Admiral Group , Penguin Portals Group , Zoopla Property Group , Want Newport , Property Group , Admiral Technologies , ஒன்றுபட்டது கிஂக்டம் , டேவிட் ஸ்டீவன்ஸ் , பென்குயின் பார்டல்ஸ் குழு , வேண்டும் நியூபோர்ட் , ப்ராபர்டீ குழு ,

Admiral Group: upside trend continues

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Admiral Group , Penguin Portals Group , Comparison Services , Preminen Price Comparison Holdings , Preminen Price Comparison Holdings Limited , பென்குயின் பார்டல்ஸ் குழு , ஒப்பீடு சேவைகள் ,