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Thursday, 18.04.2024, 19:27
Eesti Meedia buys portals KV.ee and Osta.ee
BC, Tallinn, 08.10.2014.
Print version
Print versionEstonian media concern AS Eesti Meedia concluded last week an agreement with South African concern Naspers to acquire all parts of OÜ Allegro Baltics, LETA/Postimees Online reports.
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Allegro Baltics owns in Estonia the real estate portal kv.ee and auctions environment osta.ee. The company also owns a majority stake in Diginet LT, a company that owns Lithuania's leading classified ads portals.
The price of the transaction is not revealed. The deal needs approval of the Lithuanian Competition Board.
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