Axel Springer in talks with KKR over break-up, FT reports

Mathias Dopfner and KKR are negotiating a break-up of Axel Springer, in a deal that would separate the company’s media assets from its digital classifieds operation, Financial Times reports. Axel Springer’s CEO Dopfner and Friede Springer, the widow of the company’s founder, would assume greater control of the group’s media properties, the FT says, citing four people with knowledge of the matter.