London - Russian billionaire businessman Alexander Lebedev has bought a controlling share in London's Evening Standard newspaper that has suffered sliding sales, its publishers confirmed Wednesday.
Lebedev, 49, had been reported to have offered to buy a 76-per-cent share in the paper, one of the oldest in Britain.
Its owners, The Daily Mail & General Trust, said it had agreed to the sale of a majority interest in the paper to Lebedev, who also owns a 30-per-cent stake in Russian airline Aeroflot and, in 2006, bought Russian newspaper Novaya Gazeta with ex-leader Mikhail Gorbachev.