Report: Czech Portal Seznam On The Market For $900 Million

Authored by Jay Baage on August 15, 2008 - 12:18pm.

Czech Republic - Czech portal Seznam is on the market, or at least the majority of it, and the price could reach as much as $900 million, writes Paid Content (PC) and refers to local reports. Potential buyers include domestic media group Mediatel and Google and Private Equity firms Warburg Pincus, and Apax Partners. PC writes that Seznam has about 2.1 million users a day and expects sales of around 1.4 billion Czech crowns (55.4 million Euro) and profit exceeding 500 million crowns (19.8 million Euro) for last year.

 

Related Links:

http://tinyurl.com/6l5j3w

http://www.seznam.cz/

 

 

tags: Deals | Investing | Portals | Seznam |

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