Alexander Lebedev considers Evening Standard plc - Press Gazette

Alexander Lebedev considers Evening Standard plc

Alexander Lebedev, new owner of London’s Evening Standard, is considering floating the paper on the stock market.

The Daily Telegraph reports that Lebedev – who, since last month, owns 75.1 per cent of the paper – is discussing an ‘initial public offering”, and that he has ‘no spare cash”.

The paper also reports he is close to forming an editorial advisory board, possibly including Mikhail Gorbachev – who this morning visited the Evening Standard’s headquarters – and JK Rowling.

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