Brief: VEON Signs Definitive Business Combination Agreement With Cohen Circle For Kyivstar IPO On Nasdaq
18/03/2025 11:06
March 18 (Reuters) - VEON VEON.O: SIGNS DEFINITIVE BUSINESS COMBINATION AGREEMENT WITH COHEN CIRCLE FOR KYIVSTAR IPO ON NASDAQ TRANSACTION ASSIGNS PRO-FORMA VALUATION OF $2.21 BILLION TO KYIVSTAR AT CLOSING BUSINESS COMBINATION WITH COHEN CIRCLE EXPECTED TO CLOSE IN Q3 VEON WILL OWN MINIMUM OF 80% OF ISSUED, OUTSTANDING EQUITY OF KYIVSTAR GROUP IMMEDIATELY FOLLOWING CLOSING OF BUSINESS COMBINATION Source text: ID:nGNX1shYXn Further company coverage: VEON.O (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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