BRIEF-VEON Signs Definitive Business Combination Agreement With Cohen Circle For Kyivstar IPO On Nasdaq

Reuters

2025/03/18

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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