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Daily Mail Group Buys Majority In Croatian Jobs Site, And Buys Slovakian Motors Site

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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.

Mar 15, 2007 3:41 PM ET

Posted In: Countries, Europe

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