ZPG is due to come off the stock market next week following its acquisition by US equity firm Silver Lake.
The acquisition was yesterday cleared unconditionally by the European Commission under the EU Merger Regulation.
The deal does remain subject to a further process – sanction by the Court at the Court Hearing – which is expected to take place next Monday (July 9).
The last day of dealings in shares will be the following day, and the suspension of listing and dealings in ZPG shares is due to be at 7.30am on July 11. Cancellation of listing of ZPG shares is set to be by 8am on July 12.
Come off, streamline costs, increase fees, re-list make millions.
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Good news for those of us who took Zoopla shares.
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Step aside purplebricks, this industry is about to meet its maker.
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