The other two bidders for Rankomat.pl are private equity fund Enterprise Investors and UK insurance intermediary company, Confused.com, the daily Puls Biznesu reports.
The two largest shareholders of the company decided earlier this year to exit the investment, with CEO Jacek Olechowski reportedly planning to spend more time working on another company in his portfolio, Medicap, which this year is expected to debut on the Warsaw Stock Exchange.
Sales of insurance policies online are falling and Rankomat, the largest in Poland, is not making profits. It had about PLN 75m (EUR 17.5m) worth of premiums in 2013 via its site and broke even in 2014, the paper reported.
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