The Financial Times Buys The Next Web to Beef Up Live Events Business

The Financial Times has bought a controlling stake in consumer publisher The Next Web, marking its first acquisition in continental Europe.

The FT didn’t disclose the terms of the deal, which will see it take ownership of the Amsterdam-based media company’s website The Next Web and the TNW Conference, an annual event that draws 17,500 attendees from around 3,500 companies a year, according to TNW.

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