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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.
C Street Advisory handles iRobot Corp as the marketer of the Roomba autonomous vacuum cleaner files Chapter 11 after being squeezed by cheaper competitors.
Joele Frank represents Confluent Inc. as the Mountain View, CA-based data streaming platform company agrees to be acquired by IBM in a deal with an enterprise value of $11B.
Tom Johnson, who has headed H/Advisors Abernathy since 2016, will join FGS Global as global head of private capital & financial services, effective Dec. 16.
Brunswick Group and Gagnier Communications are handling Paramount’s $30 cash per-share offer for all of Warner Bros Discovery, topping Netflix $27.50 cash/stock transaction.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
