Axel Springer SE, the German publisher, is in talks to buy an ownership stake in Politico, with a possibility of a full buyout, as per sources who spoke to The Wall Street Journal.
However, the talks are not yet final.
Axel Springer partnered with Politico in 2014 to launch Politico’s European edition the following year in a 50/50 joint venture. As per Politico publisher Robert Allbritton, the company was not commenting on deal talks, adding:
“the company might seek to eventually combine Politico and Politico Europe into a single publication.”
Axel Springer has been adding to its U.S. portfolio by purchasing Business Insider in 2015, and recently buying Morning Brew, a digital publisher that has focused largely on business.
Read more here.
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…
Members of the CoinDesk editorial team have sent a letter to the CEO of its…