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New Deal


Announced

Axel Springer to acquire POLITICO and Protocol.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

United States

Cross Border

Single Bidder

Publishing

Pending

Friendly

Acquisition

Private

news

Synopsis

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Axel Springer, the publishing group, agreed to acquire POLITICO, the news organization, and Protocol, a digital media company. Financial terms are not disclosed. “POLITICO’s outstanding team has disrupted digital political journalism and set new standards. A true North Star. It will be a privilege and a special responsibility to help shape the future of this outstanding media company. Objective quality journalism is more important than ever, and we mutually believe in the necessity of editorial independence and nonpartisan reporting. This is crucial for our future success and accelerated growth," Mathias Döpfner, Axel Springer CEO.

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