Online price comparison platform Moneysupermarket.com said it was buying consumer cashback website Quidco for up to £101m.
Moneysupermarket on Tuesday said it would pay £87m in cash with a further £14m deferred on a debt-free, cash-free basis.
Quidco is the second largest cashback business in the UK with around one million transacting users. It offers cashback at around 4,500 merchants including retail, travel and switching services, Moneysupermarket added.
