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German group Springer covets Politico

2021-08-17T17:48:25.472Z


The press group holding Bild and Die Welt could take a stake in the capital of the American publication.


Axel Springer is thirsty for acquisitions.

The German group, owner among others of the most widely read tabloid in Germany

Bild

and the conservative daily

Die Welt

, is in discussions to take a stake in

Politico

.

The total repurchase of the American publication is in particular part of the scenarios on the table, according to information from the

Wall Street Journal

.

Launched in 2007,

Politico

transformed media coverage of politics across the Atlantic by taking the behind-the-scenes look at daily affairs in Washington in the form of short posts, blogs and emailed newsletters to readers.

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Building on its success,

Politico

launched

Politico Europe

with Axel Springer in 2014

through a joint subsidiary on the Old Continent.

In a note addressed to journalists earlier this week, the publisher of the American entity, Robert Allbritton, explained that

Politico

and

Politico Europe

could in the future be united in a single publication.

Thirst for acquisitions

In May

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Source: lefigaro

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