Former porn boss among new owners of Le Monde

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The iconic French newspaper Le Monde, which was on the verge of bankruptcy, has new owners.

They are internet tycoon Xavier Niel, who built a fortune on pornography, banker Matthieu Pigasse and Pierre Berge who was the co-founder of fashion house Yves Saint Laurent.

But the move is proving controversial as the new owners have close links to Dominique Strauss Kahn, who is tipped as a potential rival to Nicolas Sarkozy in the 2012 presidential elections.

Christian Fraser reports from Paris.