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DZP advised Bauer Media Group on the purchase of all the shares in Rankomat.pl SA, the owner of the largest online insurance platform in Poland, specialising in car insurance. Rankomat will be part of Interia.pl group of companies.
The acquisition of Rankomat.pl is another step on the way to implement the development strategy of Interia and the entire Bauer Media Group. Winning over a leader in such promising market is a major step in expanding Bauer’s portfolio of insurance and financial products in Poland. Interia.pl Group is a key player in the Polish internet market. The horizontal portal Interia.pl is the flagship product of the Group. The portfolio of the group also includes theme sites and Semahead agency. Interia.pl is also one of the largest players in the Polish online advertising market, including the advertising networks AdStyle, TechnoAd and AdRetail.
Our experts have been providing comprehensive legal services to Bauer Group for years now. Our assistance in this transaction focused on client representation in the process of acquisition, including conducting due diligence, drafting SPA and ancillary agreements, and negotiating the transaction. We had to review and address in the agreements unique problems and risks associated with the activities of the platform.
Julita Zimoch-Tuchołka, Monika Malinowska-Hyla and Joanna Schubel from our Corporate and M&A Practice handled the transaction, and Maciej Goszczyk and Tomasz Kalicki (Capital Markets and Financial Institutions Practice) coordinated its financial aspects. Jarosław Konecko and Dawid Sierżant from DZP’s IP&TMT Practice advised the client on intellectual property law and software implementation agreements.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: email@example.com.
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