VEON moves ahead with planned US listing for Ukraine's top telco Kyivstar
Telecoms group VEON is moving forward with its plan to float its unit Kyivstar in the U.S., in a move that would make it the first Ukrainian firm to be listed in the United States. Dubai-based VEON has signed a letter of intent with Cohen Circle to combine their businesses, with the aim of indirectly listing Kyivstar on Nasdaq, where the parent company also has its sole listing after delisting from Amsterdam in 2024. VEON's aim is to complete the listing of Kyivstar, Ukraine's leading mobile operator, via a special purpose acquisition company (SPAC) by the end of the year, a single source familiar with the deal told Reuters.
Reuters
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21 minutes ago