The race to recapitalise Le Monde took a new turn on Friday when it emerged that President Nicolas Sarkozy intervened against three businessmen who are the frontrunners to take over France's newspaper of record.

By Ben Hall in Paris

Published: June 11 2010 20:03 | Last updated: June 11 2010 20:03

Source: Financial Times

http://www.ft.com/cms/s/0/504bbdc2-7583-11df-86c4-00144feabdc0.html