Freshfields Bruckhaus Deringer and Simmons & Simmons have taken the lead roles on a deal which sees Alexander Lebedev become the first-ever Russian owner of a British newspaper. The Daily Mail & General Trust Group (DMGT) has sold a 75.1% stake in the loss-making Evening Standard to the billionaire oligarch for a reported fee of £1.
January 22, 2009 at 03:12 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Simmons & Simmons have taken the lead roles on a deal which sees Alexander Lebedev become the first-ever Russian owner of a British newspaper.
The Daily Mail & General Trust Group (DMGT) has sold a 75.1% stake in the loss-making Evening Standard to the billionaire oligarch for a reported fee of £1.
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