Thursday, January 21, 2010

Igor Kolomoisky buys TV stations from CME

One of the leading Ukrainian TV stations 1+1 as well as Kino TV station was bought by Igor Kolomoisky from Central European Media Enterprises Ltd.(CME) for $300 mln plus $19 mln for settling the transaction. First payment of $30 mln should be paid before February 1, 2010 and the rest should be paid  by April 2010.


It looks like buying a leading TV channel by one of Ukrainian oligarchs just prior to the second round of presidential elections may be indeed a strategic investment.

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