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Axel Springer completes acquisition of US media group Politico

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The media group Axel Springer has completed the largest takeover in the company's history. The authorities have approved the deal.

Berlin – The media group Axel Springer has completed the purchase of the US media group Politico.

Springer announced in Berlin: "The transaction was successfully completed after receipt of all necessary official approvals and in accordance with the conditions of the agreement announced on August 26, 2021." dpa

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