Shocks arriving in the world of international media. Under observation there are two US realities but very well known and considered also in Europe: the political site is in talks with the German publisher Axel Springer for a possible change of hands, while the historic business and finance magazine Forbes has ongoing negotiations with a SPAC (Special purpose acquisition vehicle) called Magnum Opus Acquisition, which could lead it to be listed on the Stock Exchange. Above all, both valuations made headlines: Politico, founded in 2007, is valued at 1 billion dollars and Springer is already a 50% shareholder of Politico.eu, the European edition launched seven years later with headquarters in Brussels.
Springer, which is a power in Germany and already owns historic magazines such as Picture and Die Welt, is not new to international operations: in 2015 he bought the majority of the American site Business Insider valuing it at 500 million dollars and recently also added Morning Brew, a digital publisher focused on the business sector, to his portfolio. Politico since its launch has found public success in revealing the background of American politics and then over time has expanded its spectrum of action to events and paid services with high added value.
As for Forbes, the magazine's valuation is around $650 million. If the talks with Magnus Opus go well, the offer of the other pretender to the empire founded in 1917 by BC Forbes, that of the consortium led by Michael Moe's Gsv Asset management, which valued the publishing house at around 600, would be shelved. million but without the prospect of landing on the public stock market. Forbes through the magazine specializing in rankings on businesses and the wealth of entrepreneurs from all over the world and its website manages to reach about 140 million people in the world, through 32 national editions licensed in 71 countries.
