0
Wireless

Veon free float increases to 43.8% after Telenor stake sale

Monday 25 November 2019 | 11:32 CET | News
Veon Group has announced that its free float has increased to 43.8 percent. On 22 November, Telenor announced the sale of the balance of its shares in the Veon Group. Telenor held approximately 157 million of Veon Ltd's shares, representing approximately 8.9 percent of Veon's total outstanding equity.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Telenor / Veon
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Veon names new CEOs after meeting FY targets, targets similar organic growth in 2020

Published 14 Feb 2020 09:15 CET | Russian Federation
Veon Group said it met or exceeded its targets for growth in organic revenue, EBITDA and cash flow for 2019 and declared a final ...

Veon announces offering of USD 300 mln worth of notes

Published 15 Jan 2020 11:06 CET | World
Veon has announced an offering of up to USD 300 million worth of senior unsecured notes, to be consolidated and form a single ...

Veon reaches end of compliance programme with DoJ

Published 01 Nov 2019 08:38 CET | World
Veon is no longer subject to compliance monitoring by the US Department of Justice. The company announced the end of its Deferred ...

Telenor sells another 5.7% stake in Veon

Published 27 Mar 2019 08:53 CET | World
Telenor has sold another 5.7 percent stake in Veon. This follows similar offerings in September 2016, April 2017 and September ...