The American newspaper Politico will be acquired by the German media concern Axel Springer

The concern will also buy a 50% stake in the European division of the newspaper Politico Europe.

German media concern Axel Springer has signed an agreement to acquire the American newspaper Politico. This was announced on Thursday in a statement from the company.

It is specified that Axel Springer will also buy out 50% of the shares of the European division of the newspaper Politico Europe, which the German media company and the American publication founded in Brussels in 2014. Thus, the newspaper will be completely under the control of the concern.

The statement says that the amount of the transaction was not disclosed.

If you have found a spelling error, please, notify us by selecting that text and pressing Ctrl+Enter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
Ivan Maltsev

Spelling error report

The following text will be sent to our editors: