Daily Mail Group Buys Majority In Croatian Jobs Site, And Buys Slovakian Motors Site
By Rafat Ali - Thu 15 Mar 2007 01:41 PM PST
Northcliffe International, a division of the Daily Mail & General Trust in UK, has made two small acquisitions, with the toal value below $10 million:
-- it bought a majority stake in the Croatian job search portal MojPosao. It bought a 60 percent share in the company. The portal has an 85 percent market share for online intermediating in job searches in Croatia, the Guardian story says.
-- It has also acquired a Slovakian motors website.
Northcliffe publishes newspapers, advertising titles and websites across Europe and has its principal operations in Hungary.
Posted in: Countries, UK & Europe, VC+M&A
