Zürich (ots) - After having obtained approval from Antitrust Authorities, Ringier Axel Springer Media AG has closed today the acquisition of 75 percent of the shares in the leading Polish online portal Onet.pl. TVN S.A., one of the biggest TV-stations in the country and until now the sole owner of Onet.pl, will indirectly continue holding a share of 25 per cent in the platform.
Onet.pl reaches about 70 percent of the Polish internet users with its offer of news and various services. With the acquisition of a majority in Onet.pl, Ringier Axel Springer Media AG consequently continues to implement its digitization strategy in Central and Eastern Europe: with the acquisition of Onet.pl digital media now account for 27 per cent of the Group's total revenues.
Florian Fels, CEO of Ringier Axel Springer Media AG: "With the acquisition of Onet.pl we have taken a major step towards our goal of achieving a significant amount of our revenues in the digital world. Besides Serbia and Slovakia, we are now also in Poland the market leader in the digital field. Through our cooperation with TVN, we are creating a unique network with competencies in TV, online and print in Poland. We are looking forward to further developing Onet.pl jointly with our colleagues at the company."
Robert Bednarski, CEO of Onet.pl: "Over the last years Onet.pl has developed into one of the strongest brands on the Polish market. Together with Ringier Axel Springer Media we are excited to expand Onet's offers through additional content and services"
Ringier Axel Springer Media AG:
Ringier Axel Springer Media AG is a leading multimedia company in Central and Eastern Europe with activities in Poland, Czech Republic, Slovakia and Serbia. Based on strong and successful media brands like FAKT, BLESK, NOVÝ CAS and BLIC, Ringier Axel Springer Media AG is a dynamic association of independent enterprises. Focused on growth and digitization, the wide-ranging portfolio makes Ringier Axel Springer Media AG the region's market leader in the segment of widely circulated tabloid dailies and one of the biggest magazine publishers.
Alexandra Delvenakiotis Original-Content von: Ringier Axel Springer Media AG, übermittelt durch news aktuell
Head of Corporate Communications
Ringier Axel Springer Media AG
Phone +41 44 267 29 14