Onet.pl with green light to acquire NK.pl

Poland’s largest web portal Onet is getting closer to taking over social website NK.pl (formerly known as naszaklasa.pl). Consumer watchdog UOKiK has given permission for the acquisition as it “will not disturb the competition in the market,” Polish Radio reported. Onet announced its decision in November 2014. The company belongs to Ringier Axel Springer Media AG group. NK.pl was founded in 2006 by a group of Polish students. According to unofficial information, they sold 73 percent of shares to Estonian fund, Forticom. Afterwards, the shareholders of the fund established a company named Excolimp in Cyprus and it has been the main shareholder of the website.