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March 29, 2014 AT 4:57 AM
Former Ukrainian heavyweight boxing champion Vitaly Klitschko said he was pulling out of the race for president and would put his weight behind billionaire oligarch Petro Poroshenko. Klitschko 's withdrawal, and an announcement by Poroshenko late on Friday that he would stand in the May 25 election, sets up a battle between the man known as the 'Chocolate King' and Ukraine's fiery former prime minister, Yulia Tymoshenko.