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Mogul raises offer on 40% stake in Studio 1+1 television to $160 mln
Journal Staff Report

KIEV, Sept. 3 - Ukrainian mogul Ihor Kolomoyskiy increased to $160 million from $100 million offer to buy 40% stake in Studio 1+1 television after U.S.-based majority shareholder had sought to derail the deal.

U.S. billionaire Ronald Lauder, who owns 60% stake in Studio 1+1, Ukraine's second most popular television, recently blocked Kolomoyskiy's acquisition of the 40% from two individual shareholders.




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