BGL Group cancels IPO plans as CPPIB buys 30% stake

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BGL Group cancels IPO plans as CPPIB buys 30% stake

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(170406) -- RHENEN, April 6, 2017 (Xinhua) -- Photo taken on April 5, 2017 shows three meerkats at the Ouwehands Zoo in Rhenen, a town in central Netherlands. (Xinhua/Gong Bing) (zxj) (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

BGL Group, the owner of UK price comparison website Comparethemarket.com, has cancelled its preparations to list on the London Stock Exchange, after agreeing to sell a minority stake to Canada Pension Plan Investment Board.

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