Brief: Veon Sells Stake In Kazakhstan's TNS+ To JV Partner

VEON

30/09/2024 16:49

Sept 30 (Reuters) - VEON Ltd  VON.AS :
    * COMPLETES SALE OF ITS STAKE IN TNS+ IN LINE WITH
ASSET-LIGHT
STRATEGY
    * SALE WAS COMPLETED TODAY FOR A TOTAL CONSIDERATION TO VEON
(INCLUDING DEFERRED CONSIDERATION) OF USD 137.5 MILLION
    * ANNOUNCES THAT IT HAS COMPLETED SALE OF ITS 49% STAKE IN
KAZAKH
WHOLESALE TELECOMMUNICATIONS INFRASTRUCTURE SERVICES PROVIDER,
TNS PLUS LLP
    * SALE  TO ITS JV PARTNER, DAR GROUP OF COMPANIES

Source text for Workspace:  ID:nGNE3rN3Cd 
Further company coverage:  VON.AS 

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