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MCI to buy majority stake in e-commerce firm

10:31

MCI to buy majority stake in e-commerce firm

WSE-listed private equity fund MCI.EuroVentures has signed a contract to acquire a 51 percent stake in e-commerce firm IAI, the company said in a market filing. IAI offers comprehensive services for online stores and accommodation bookings portals. The value transaction is PLN 140 million.

“The MCI Group has 20 years of investment experience in the field of e-commerce, we were or are involved in such brands as Answear.com, Morele and Pigu, Frisco, Invia / Travelplanet or Mall.cz.

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