Axel Springer buys 76 pct of Poland's Onet portal

Jun 04, 2012
German newspaper publisher Axel Springer's Berlin headquarters in 2006. Poland's TVN commercial media group said it had sold 76 percent of Onet, a major Polish Internet portal, to Germany's Axel Springer media for nearly 969 million zloty (220 million euros, $275 million).

Poland's TVN commercial media group said Monday it had sold 76 percent of Onet, a major Polish Internet portal, to Germany's Axel Springer media for nearly 969 million zloty (220 million euros, $275 million).

A major commercial media player in Poland running several , TVN said in a statement it will continue to hold the remaining stake.

Axel Springer, publisher of Germany's Bild-Zeitung tabloid daily, already owns Poland's top-selling tabloid daily Fakt, and controls 49 percent of the Infor PL publishers focused on business news.

Explore further: Jury says Silicon Valley firm did not discriminate (Update)

add to favorites email to friend print save as pdf

Related Stories

Poland pulls food suspected of having road salt

Mar 09, 2012

(AP) -- Polish health authorities have ordered the withdrawal from the market of more than 230,000 kilograms (500,000 pounds) of pickles, bread and other food suspected of containing industrial salt, the latest development ...

Poland goes cyber-smart for Euro 2012 fans

Jun 01, 2012

Cyber-minded fans heading to Euro 2012 in Poland are set to find life easier at the championship after organisers launched smartphone applications to help them navigate their way around.

Poland seeks competitive edge through new technology

May 16, 2012

Poland, which is expected to post the European Union's highest growth this year, is hoping to further boost its competitive edge by investing in new technology, the country's e-government czar said Wednesday.

Poland to nix EU's 2050 climate targets: report

Mar 07, 2012

Poland is threatening to veto European Union 2050 targets for emissions reductions at a Friday meeting of the bloc's environment ministers in Brussels, a Polish media report said Wednesday.

Recommended for you

Intel in talks with Altera on tie-up

Mar 27, 2015

US tech giant Intel is in talks with rival Altera on a tie-up to broaden the chipmaker's product line amid growth in Internet-connected devices, the Wall Street Journal reported Friday.

Apple chief Cook to give his wealth away: Fortune

Mar 27, 2015

Apple chief Tim Cook is joining Mark Zuckerberg, Bill Gates and other technology titans who have vowed to donate their wealth to charities, according to a report in Fortune magazine.

BlackBerry tops 4Q profit forecasts

Mar 27, 2015

BlackBerry posted a surprise profit in the fourth quarter, but saw a sharp drop-off in revenue as the once-iconic smartphone company said it reached the halfway mark of its turnaround effort.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.