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Finsbury Glover Hering handles German media giant Axel Springer’s acquisition of Politico from Robert Allbritton.
Axel Springer also is acquiring the remaining 50 percent stake in Politico Europe and tech website Protocol.
Mathias Dopfner, CEO of Axel Springer, said Politico “disrupted digital political journalism and set new standards.”
He called it a “privilege and a special responsibility to shape the future of this outstanding media company.”
Launched in 2007, Politico has more than 500 journalists. Allbritton will remain its publisher.
Axel Springer also owns Insider and Morning Brew.
Finsbury Glover Hering, which is part of WPP, has Andrew Johnson and Sophia Templin representing Axel Springer.
QVC Group is using Joele Frank for strategic communications as the TV home shopping pioneer declares Chapter 11.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
