August 30, 2022 |
Italian retail credit and insurance broker Gruppo MutuiOnline (GMOL) said Monday that it paid €150 million ($150 million) to acquire the Rastreator and Lelynx insurance price comparison websites in France, Mexico and Spain from London-based RVU Group.
GMOL will finance the transaction “with available cash and the use of already available credit lines,” it said in a press release.
In the deal, GMOL picked up the comparators in France, Mexico and Spain, as well as RVU's business in India, Rastre
Italian insurance broker to pay $150 mln for Rastreator and Lelynx comparison services in France, Mexico and Spain