Moneysupermarket.com has appointed investment bank UBS as its main financial adviser sparking rumours that the price comparison website’s £1bn flotation is looming.
Moneysupermarket.com has appointed UBS to work alongside Credit Suisse in preparing the company for a stock market listing which is expected to take place in the next few months.
The company offers price comparisons on financial products including protection, mortgages and credit cards as well as flights, mobile phones and general insurance.
Moneysupermarket.com is negotiating with co-founder Duncan Cameron to buy his almost 50 per cent stake in the business. Cameron left the company five years ago.