Veon completes Russia exit as Vimpelcom sale closes

VEON

09/10/2023 14:22

Oct 9 (Reuters) - Amsterdam-listed mobile telecoms
operator Veon  VON.AS  said on Monday it has completed its exit
from Russia as it closed the sale of its Russian business,
Vimpelcom, to senior members of the Vimpelcom management team.  
 
    "The transaction does not provide for any buy-back
arrangements and signifies a complete exit from the Russian
market for Veon," the company said in a statement.

 (Reporting by Alexander Marrow; Editing by Susan Fenton)
 ((alexander.marrow@thomsonreuters.com;))