Incisive Media, the business information group, is close to acquiring MSM International, the publisher of Professional Pensions magazine for an estimated £20m. Incisive Media are understood to be in exclusive negotiations with MSM after beating bids from rivals such as Huveaux. MSM is owned by the former financial journalist Niall Sweeney, who would stand to make around £10m from the sale. For the six months to 30th June 2006, Incisive Media recorded revenues of just under £33m, with an adjusted operating profit of £6.9m, an increase of 26% on the same period during the previous year.