Polish MCI sells travel portal Invia to Czech Rockaway, says paper: Reuters

Polish tech venture fund MCI Management agreed to sell Eastern Europe’s largest travel portal Invia to its Czech rival Rockaway Capital for 325 million zlotys ($82 million), newspaper Puls Biznesu reported on Friday.

The newspaper, which cited unnamed sources, said MCI would get 270 million zlotys for its 80-percent stake in Invia, with the transaction to be finalised before the end of the first quarter.

MCI declined to comment on the issue, while Rockaway was not immediately available.