Daily Mail shares climb 7

Shares of the Daily Mail & General Trust ended 7% higher in London, after Cazoo agreed to be bought in a deal that gives the U.K. used car retailer a $7 billion valuation. The Daily Mail has a 20% stake in Cazoo. Cazoo is merging with special purpose acquisition company Ajax I .

Daily Mail shares climb 7

Shares of the Daily Mail & General Trust ended 7% higher in London, after Cazoo agreed to be bought in a deal that gives the U.K. used car retailer a $7 billion valuation. The Daily Mail has a 20% stake in Cazoo. Cazoo is merging with special purpose acquisition company Ajax I .