The transaction could reach EUR 10-20 million.
The ad portal is currently owned by the Timisoara-based company Realmedia Network.
Ringier also owns the job portal eJobs and several print and online media products.
The US investment fund Broadhurst has a share of 60.6% in Realmedia Network whereas the rest is owned by media group’s founders. Götz Kurt, Adrian Erimescu, Ciprian Gheran, and Laurentiu Andrei have stakes of 5-13%. (source: Romania-insider.com)