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Canadian interest in Moneysupermarket.com

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The pension fund, which is one of Canada’s largest and also makes direct investments in businesses, made a statement after Nixon, who owns 54 per cent of Moneysupermarket.com, received an approach from the group.

Ontario Teachers’ Pension Plan, which manages C$108bn in assets, said it had no intention of making another offer.

Nixon was named Entrepreneurs’ Entrepreneur at the 2007 Real Business Growing Business awards. He launched his price comparison website in 1999 and floated it on the London Stock Exchange a year ago.

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