Esure agrees buy remainder of Gocompare

Motor insurer Esure has announced its intention to acquire the
remaining 50 percent of UK price comparison site Gocompare that it
does not already own.
In a statement to the London Stock Exchange this morning (8
December), Esure said the deal was agreed for a consideration of
£95mn, subject to approval from the UK competition
authorities.
This represents a multiple of 7.3x 50 percent of Gocompare's
2013 Ebitda, valuing the firm at £190mn overall.
Jon Morrell, current deputy chief o