The Week: Media News - IN&M in Lebedev negotiation

Independent News & Media, the publisher of Independent Newspapers, has entered into exclusive talks with the Russian Alexander Lebedev, the owner of the London Evening Standard, over the sale of the titles.

The group confirmed it is currently engaged in discussions "with regard to the future ownership of The Independent and Independent on Sunday". Lebedev has held talks on and off over the past year with senior personnel from IN&M regarding the purchase of the papers.