Kyiv Post newspaper owner Mohammed Zahoor has entered into a preliminary agreement with a Syrian businessman in Odesa to sell the publication for more than $3.5 million. The buyer is Adnan Kiwan, a Syrian millionaire.
The sale is expected to be completed before April 1.
Kyiv Post employees cite Zahoor saying that Kiwan will sell the newspaper “for much more” than $3.5 million, but could not give the price.
Zahoor said Kiwan has already made a substantial prepayment installment.
