Interia.pl acquires Rankomat

Poland's third largest web portal Interia.pl owned by Bauer Media has purchased Rankomat.pl, an insurance price comparison website, according to Puls Biznesu daily. "Acquisition of the market leader is a step forward in building the best portfolio of insurance and financial products in Poland," said Artur Potocki, the CEO at Interia.pl. The value of the deal is unknown, but it could stand between PLN 50 million and PLN 100 million, the daily reported. Link4 and Enterprise Investors which were bidding for the company withdrew their offers after conducting due diligence.