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Ringier Axel Springer Media buys jobs portal

Deals

Hungary's Central Médiacsoport on Friday said it is selling its jobs portal Profession.hu to Ringier Axel Springer Media.

The transaction will close after it is cleared by the Competition Office. Central Médiacsoport did not disclose the sale price. It acquired Profession.hu as part of the Sanoma portfolio earlier in the year. The site gets more than 380,000 visitors a month, making it the market leading jobs portal in Hungary.

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