Politico was bought last year by German publisher Axel Springer for a price reported to be around $1 billion.
Axel Springer SE is a German digital and popular periodical publishing house which is the largest in Europe.
Since 2020, it is majority-owned by the US private equity firm KKR.
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds.
I’m trying to follow the money and power to see the bigger picture.
Any help is welcome. I appreciate the comments, especially those with insight.