Axel Springer Acquires POLITICO and Related Media Assets from Robert Allbritton

October 19, 2021

Axel Springer has completed its acquisition of POLITICO and related properties from Robert L. Allbritton, including POLITICO's remaining 50% interest in POLITICO Europe, Protocol, E&E News and Agency IQ. The purchase strengthens Axel Springer's U.S. media footprint and complements its existing digital publishing portfolio as the company pursues further growth in the U.S. market.

Buyers
Axel Springer
Targets
POLITICO, POLITICO Europe (remaining 50% stake), Protocol, E&E News, Agency IQ
Sellers
Robert L. Allbritton
Location
Virginia, United States
Transaction Type
Buyout

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