The closing of the transaction is scheduled for April 2025. After that, Kyivstar and Ulon will continue to work as separate businesses.
Mobile operator Kyivstar has signed an agreement on the retrieval of $ 155.2 million ulakon. The information has been published on the Veon website, the Mother KyivStar company.
According to the terms of the agreement, Kyivstar obtained 97% of the corporate rights of the Ulon. The closure of the transaction is scheduled for April 2025 after the fulfillment of the usual closure conditions.
Currently, Veon CEO Kaan Kaan Terzioglu claims that buying a ukalon is not only an expansion of the business, but a “statement of confidence in the potential of Ukrainian digital growth”, which “will be an important signal for Ukrainian and international investors”.
It is reported that after the end of the transaction, Kyivstar and Ulon will continue to work as separate businesses.
We will remind you, earlier it was reported that Google wanted to buy a wiz of $ 32 billion.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.