Altogether, the Daily Mail reported at the weekend, a successful takeover of ZPG by Silver Lake would take DMGT’s returns from its investment to £8890m – more than 14 times what it put in. Zoopla-owner ZPG has been acquired by US equity company Silver Lake for £2.2bn ($3bn). The announcement on 11 May led to a rise in the share price of competing property websites Rightmove and OnTheMarket. In an interview with Bloomberg, Mr Zuckerberg said he was “very excited” about the deal. m. Zoopla founder Alex Chesterman is to stay on as CEO of ZPG.
Zoopla-owner ZPG has been acquired by US equity company Silver Lake for £2.2bn ($3bn). The announcement on 11 May led to a rise in the share price of competing property websites Rightmove and OnTheMarket. In an interview with Bloomberg, Mr Zuckerberg said he was “very excited” about the deal. m. Zoopla founder Alex Chesterman is to stay on as CEO of ZPG.