Russian billionaire bids for Le Monde | The Daily Star
12:00 AM, June 23, 2010 / LAST MODIFIED: 12:00 AM, June 23, 2010

Russian billionaire bids for Le Monde

A Russian billionaire banker has entered a bid to take over debt-ridden French broadsheet Le Monde, a Russian newspaper reported yesterday.
Gleb Fetisov, the owner of Moi Bank banking group, told Kommersant daily that he had made a bid for a controlling stake in Le Monde.
"For me, this deal is first of all a business project. I intend to develop the newspaper and remain the owner of a controlling share," Fetisov told Kommersant.
Fetisov came number 42 in Forbes magazine's list of Russia's richest in 2010, with a fortune of $1.6 billion.

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