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VEON ( (VEON) ) has provided an announcement.
VEON Ltd. has announced a letter of intent to list its Ukrainian digital operator, Kyivstar, on the Nasdaq Stock Market in the U.S., in collaboration with Cohen Circle Acquisition Corp. I. This initiative marks Kyivstar as the first purely Ukrainian investment opportunity on a U.S. exchange, offering global investors a chance to engage in the growth of Ukraine’s economy. VEON’s move is part of a broader strategy to crystallize value for its investors and support Ukraine’s recovery, with the proposed listing expected to enhance Kyivstar’s growth prospects and highlight the investment potential in Ukraine.
More about VEON
VEON Ltd., headquartered in the Dubai International Financial Center, is a Nasdaq-listed global digital operator. The company provides converged connectivity and digital services to approximately 160 million customers across six countries, focusing on technology-driven services that empower individuals and support economic growth.
YTD Price Performance: 5.57%
Average Trading Volume: 67,029
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.19B
For an in-depth examination of VEON stock, go to TipRanks’ Stock Analysis page.