Read more in section
Nation Ukraine to send its special operations soldiers to help anti-piracy campaign off Somali coast Today at 08:12
Nation Education institutions in regions with low rate of flu cases to resume working on Nov. 23 Today at 08:05
Nation Quarantine ends in educational institutions of Kyiv on Nov. 25 Today at 08:01
Nation Flu, respiratory infections kill 362 people in Ukraine, says Health Ministry Today at 07:57
Nation Ukraine's national football team holds 24 place in FIFA ranking Yesterday at 14:10
Nation Derzhspozhivstandard registers violations of tobacco product trade at 20% of checked outlets Yesterday at 14:04
Nation Ukrainian parliament returns draft state budget for 2010 to government for revision Yesterday at 13:55
Nation Culture and Tourism Ministry reduces smoking in Ukrainian hotels Yesterday at 11:37
Nation IMF still expects consensus from Ukraine on budget position Yesterday at 11:26
Most popular Nation
Co-owner of largest bank in Ukraine PrivatBank Ihor Kolomoiksy gains control over 1+1 group
July 03 at 13:08 | Interfax-UkraineAccording to the agreement, Kolomoisky receives 49% of ÑÌÅ's Ukrainian assets, paying $100 million in cash, and 100% of the TET TV channel, which is to be integrated into the 1+1 Group, the Telekritika online publication has reported.
The transaction is to be finalized by late Q3, 2009.
The $100 million is to be invested in the development of the 1+1, Kino and TET TV channels. Later, the TET channel is to be developed according to a multi-channel CME strategy aimed at the creation of niche TV channels of the media group.
Kolomoisky also has the right to buy out CME's 51% stake for $300 million in cash.
CME's stations are located in Bulgaria (TV2 and Ring TV), Croatia (Nova TV), the Czech Republic (TV Nova, Nova Cinema and NovaSport), Romania (PRO TV, PRO TV International, Acasa, PRO Cinema, Sport.ro and MTV Romania), Slovakia (Markiza), Slovenia (POP TV, Kanal A) and Ukraine (Studio 1+1, Studio 1+1 International and Kino).