Naspers to buy Polish portal

2009-06-10 16:42
Johannesburg - Naspers, Africa's biggest media company, said on Wednesday it has offered to buy 100% of Polish Internet portal Bankier.pl from MCI Management for $19.3m.

The company said it was making an offer for all the shares of the Warsaw-listed Polish financial portal Bankier.pl. It added that one of Bankier's current shareholders had irrevocably committed to tender its 18.4% holding.

Bankier.pl will be integrated with Naspers' Eastern European internet business Allegro - which runs e-commerce trading platforms in Hungary and Czech Republic.

Bankier provides financial news, analysis and comparison-shopping information on consumer financial products ranging from mutual funds to mortgages.

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