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Moneysupermarket.com founder to sell 6.4 percent stake in firm

March 24, 2015 admin 148-74-million, both-struggled, devin-nunes, franchises, initial-hugely, introduced-its, japanese, million-pounds, moneysupermarket, said-on-tuesday, simon, simon-nixon, stake, supreme

The founder of financial services price comparison firm Moneysupermarket.com intends to sell up to 6.4 percent of the company’s issued share capital, reducing his stake to about 10 percent.

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Moneysupermarket.com founder to sell 6.4 percent stake in firm

March 24, 2015 publisher finnish, franchises, francisco-based, jussi-rosendahl, million-pounds, moneysupermarket, said-on-tuesday, simon, simon-nixon

The founder of financial services price comparison firm Moneysupermarket.com intends to sell up to 6.4 percent of the company’s issued share capital, reducing his stake to about 10 percent. The sale of around 35 million shares in a placing could earn Simon Nixon, who founded the company in 1993, about 100 million pounds ($148.74 million), based on Moneysupermarket’s closing share price of 286 pence on Tuesday.

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Battle for African Internet users stirs freedom fears

March 24, 2015 admin bharti-airtel, critics-argue, facebook, moneysupermarket, roughly-double, simon, such-as-vodacom, the-continent, united-states

By Joe Brock JOHANNESBURG (Reuters) – Google and Facebook are at the forefront of a scramble to win over new African Internet users, offering freebies they say give a leg-up to the poor but which critics argue is a plan to lock in customers on a continent of 1 billion people.