Skip to content

Veon signs business combination deal with Cohen Circle to list Kyivstar on Nasdaq

Nasdaq / Midtown, NYC (Photo by Ajay Suresh via Flickr)

Telecoms group Veon said on Tuesday it has signed a business combination agreement with special purpose acquisition company Cohen Circle that will result in the listing of Ukraine's leading digital operator, Kyivstar, on Nasdaq.

Veon will own a minimum of 80% of the issued and outstanding equity in Kyivstar following the closing of the agreement, according to a press release. The deal, expected to close in Q3, is subject to shareholder approvals and other customary closing conditions.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest