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General

Telenor hires Deloitte to review Vimpelcom dealings

Thursday 5 November 2015 | 10:11 CET | News
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Telenor announced that it hired Deloitte to perform a review of Telenor's handling and oversight of its minority stake in VimpelCom. The review will cover the Telenor nominees to the VimpelCom supervisory board and Telenor's follow-up as a shareholder, as well as actions and decisions by Telenor nominees and Telenor employees in relation to VimpelCom's investment in Uzbekistan. Telenor earlier announced that it plans to sell the Vimpelcom stake, following pressure on its management over how the Uzbekistan corruption investigation was handled and the inability to acquire majority control of

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Categories: General
Companies: Deloitte Nederland / Telenor / Vimpelcom
Countries: Norway / Russian Federation / Uzbekistan
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