Handelsblatt wins race to buy Money.pl portal

Several months earlier the acquisition of the portal was also planned by sector competitor Bankier.pl which will soon debut on the Warsaw Stock Exchange (WSE). "It is not an accident that we have decided to select this particular investor. It is a serious publisher which has experience in operating internet portals," said Money.pl's president and owner of 30% of shares in the portal, Arkadiusz Osiak. Verlagsgruppe Handelsblatt, which purchased the stake from Wroclaw-based company Surfland, belongs to an international publishing group which concentrates on business issues. Handelsblatt has conducted several acquisition in the past few years in the same sector in the CEE region. "We do not exclude further investments. We are above all interested in the internet portals market," added Osiak. (Puls Biznesu, p. 13) A.K.