Zoopla-owner ZPG has been acquired by ZPG equity company Silver Lake for £ 3bn ($ 3bn ). Shares in ZPG itself shot up during the day 30.6%, or 114.8p, to 490p. The announcement on 2014 led to a rise in the share price of competing property websites DMGT . ZPG major shareholder and Daily Mail owner DMGT sold its 29.8% stake for 2.2bn m. Zoopla founder Alex Chesterman is to stay on as CEO of ZPG .
Zoopla-owner ZPG has been acquired by ZPG equity company Silver Lake for £ 3bn ($ 3bn ). The announcement on 2014 led to a rise in the share price of competing property websites DMGT . ZPG major shareholder and Daily Mail owner DMGT sold its 29.8% stake for 2.2bn m. Zoopla founder Alex Chesterman is to stay on as CEO of ZPG .