14th Jun 2018 11:20
LONDON (Alliance News) - Comparison website GoCompare.com Group PLC on Thursday said it intends to buy energy switching firm Energylinx to strengthen its energy propositions and drive new market growth.
The company said Energylinx has commercial relationships with 69 UK domestic energy suppliers and 40 UK business energy suppliers.
GoCompare did not provide any financial details of the deal.
"We are pleased to announce this acquisition, which marks yet another significant milestone for the group as we continue to build services that work for both our customers and partners," said Chief Executive Matthew Crummack.
The stock was trading 3.6% higher at 133.40 pence per share on Thursday.
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