Eesti Media acquires real estate site City24
07 Sep 2017
In Estonia and Latvia, Eesti Media acquired real estate site City24.ee from 24 M2 OÜ for an undisclosed amount. In turn, 24 M2 OÜ had acquired City24.ee from Alma Media in 2014.
The buyer and seller have been negotiating the transaction since June this year. We informed about the negotiation here. Now, they have reached agreement, but decided against disclosing the exact value of the transaction.