The latest announcement is out from VEON ( (VEON) ).
On March 20, 2025, VEON Ltd. announced that its subsidiary, JSC Kyivstar, signed an agreement to acquire 97% of Uklon, a leading Ukrainian ride-hailing and delivery platform. The acquisition highlights VEON’s strategic expansion in digital services and is expected to enhance Kyivstar’s market position. Additionally, VEON revealed plans for Kyivstar to be listed on the Nasdaq Stock Market under the ticker symbol KYIV, pending shareholder approval and other conditions, with the transaction expected to close in the third quarter of 2025. This move is aimed at strengthening VEON’s presence in the digital services market and expanding Uklon’s capabilities beyond Ukraine.
More about VEON
VEON Ltd. is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries. The company is listed on NASDAQ and focuses on empowering individuals and driving economic growth through technology-driven services.
YTD Price Performance: 7.59%
Average Trading Volume: 136,924
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.25B
For an in-depth examination of VEON stock, go to TipRanks’ Stock Analysis page.
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