Announced
Synopsis
Moneysupermarket.com, a price comparison website-based business, agreed to acquire Quidco, a consumer cashback business, for up to £101m.The consideration is £87m in cash with additional £14m deferred. “As an early pioneer of cashback, Quidco has continually innovated to bring more cashback to more members. We are excited to continue this journey within Moneysupermarket Group which opens up more opportunities and savings for members," Paul Nikkel, Quidco Founder & Co-CEO.
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