Around the Net

Mystery Offshore Fund Takes 20% 'Evening Standard' Stake

The Evening Standard owner, Evgeny Lebedev, is refusing to name to whom he has sold a fifth of the company that owns London's well-known evening newspaper. The Guardian reveals the purchase was made by an offshore fund and Lebedev is not commenting on rumours concerning who ultimately owns the 20% stake, which comes with the right to appoint two directors.

Read the whole story at The Guardian »

Next story loading loading..