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Telenor steers further away from Veon with 4% divestment

Connectivity BusinessbyConnectivity Business
April 7, 2017
in Investments, Space Services, Strategy and Markets
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Norway’s Telenor Group has sold 70 million American depositary shares (ADSs) of Veon for US$262.5m as it winds down its ownership of the Russia-focused telco. The Norwegian telco said net proceeds from the sale will be… Norway’s Telenor Group (OSE:TEL) has sold 70 million American depositary shares (ADSs) of Veon (NASDAQ:VEON) for US$262.5m as it winds down its ownership of the Russia-focused telco. The […]

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Tags: Bharti AirtelCitigroupEuropeMorgan StanleyMTSPremiumTelenorTelenor IndiaTeliaVeonVimpelCom
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