Citigate Dewe Rogerson advises esure on acquisition of Gocompare
Citigate Dewe Rogerson is advising existing retained client esure Group plc, one of the leading providers of general insurance products, on its communications for the acquisition of the outstanding 50 per cent of Gocompare.com Holdings Ltd that esure does not already own.
Founded by entrepreneur Peter Wood, esure has agreed conditionally to acquire the remaining 50 per cent stake in the price comparison website for £95 million. The acquisition will be funded by debt via bond issuance and is subject to Competition and Markets Authority approval.