Polski Tytoń buys electronic services provider

Tobacco and FMCG distributor Polski Tytoń has applied with the consumer watchdog UOKiK for the permission to take over 100 percent of shares of BluePay, a electronic services provider. On 17 September, Polski Tytoń signed a conditional agreement with BluePay for the purchase of its shares. The conditions include obtaining the permission from UOKiK. “The transaction is one of the elements of PHP Polski Tytoń’s strategy of diversifying its product and services portfolio,” the company said in a statement. BluePay’s offer includes pre-paid cellphones top-ups, accepting card payments, selling Paysafecard vouchers – an electronic currency used for internet payments and accepting invoice payments.