S. buyout giant Silver Lake Friday struck at £2.2 billion ($2.98 billion) deal to acquire one of Britain’s biggest internet property search companies, a bet on the increasing use of the web by consumers and real-estate agents as a more efficient and cheaper way to buy and sell homes in the U.K. and beyond. Founded in 2008, ZPG PLC’s brands include Zoopla, a property portal with hundreds of thousands of home listings, and uSwitch, which allows consumers to compare prices for a range of home services including gas,...
Source: Wall Street Journal May 11, 2018 11:15 UTC