Monday, 23 October 2017

Telenor kicks off VimpelCom stake sale

By Nick Wood, Total Telecom
Monday 12 September 16

Norwegian incumbent to offload 8.1% stake in VimpelCom in U.S. public offering.

Telenor on Monday began the process of selling its shares in VimpelCom, announcing plans to cut its stake to 24.9% from 33% via a public offering in the U.S. The Norwegian incumbent is putting 142.5 million of its approximately 580 million American Depository Shares (ADSs) in VimpelCom on the block…

Telenor on Monday began the process of selling its shares in VimpelCom, announcing plans to cut its stake to 24.9% from 33% via a public offering in the U.S. The Norwegian incumbent is putting 142.5 million of its approximately 580 million American Depository Shares (ADSs) in VimpelCom on the block…

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