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In November 2022, Veon announced plans to sell Vimpelcom for 130 billion roubles ($1.28 billion). Last month, it said that subsequent amendments made to the sale and purchase agreement had no material impact on the economic terms agreed last November.
New requirements mandate a 50% discount and a 10% tax, sources have told the outlet Western companies looking to exit Russia have faced ri
Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell, three people with knowledge of the...
Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell, three people with knowledge of the matter said. Russia has steadily tightened exit requirements since Western companies started leaving soon after Moscow began what it calls a "special military operation" in Ukraine in February 2022. Foreign companies have already been hit by losses of more than $80 billion from their Russian operations due to writedowns and lost revenue, based on an analysis by Reuters of company filings...
DJ VK Company: Appointment of Advisors in Relation to USD 400mn of Convertible Bonds due in 2025 VK Company (VKCO) VK Company: Appointment of Advisors in Relation to USD 400mn of Convertible Bonds