MoneySupermarket.com Group PLC (MONY.L) announced that the acquisition of MoneySavingExpert will be complete tomorrow, September 21, 2012, when the 22.12 million ordinary shares due to Martin Lewis are admitted to the Official List and to trading on the London Stock Exchange.
Commenting on MoneySavingExpert, the company said it was established in 2003 by Martin Lewis and is one of the UK's leading personal finance and personal finance journalism websites, with reported revenues of £15.773 million and EBITDA of £12.642 million in the year ended 31 October 2011.
On completion, Martin Lewis will remain as editor-in-chief of MoneySavingExpert, the company added.
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by RTT Staff Writer
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