BILD owner Axel Springer acquires Politico

German media conglomerate Axel Springer has agreed to buy the US-based  political journalism company Politico. The companies did not disclose a price for the deal, but American media reported Politico sold for about $1 billion citing people familiar with the matter. The deal includes Politico, Politico Europe and Politico’s tech news site, Protocol  launched in 2020. Subject to regulatory approval, the deal is expected to take