Amsterdam

12 Aug

Veon to Delist From Amsterdam Due to Volume and Costs, CEO Says

stp2y0 CommentsRAG modelsAmsterdam, environment, europe, Kaan Terzioglu, london, Moscow, regulation, russia, Technology, TP, US Dollar Spot

Telecommunications company Veon Ltd is delistingBloomberg Terminal from the Amsterdam stock exchange due to low liquidity for the stock in Europe and regulatory costs, according to its chief executive.The Nasdaq-listed firm announced its plan to delist from Euronext Amsterdam earlier this month. It hasn’t made a decision on whether it will shift its Amsterdam headquarters after the move, Kaan Terzioglu said in an interview. Source link lol

08 Aug

Veon Plans to Sell Up to 20% in IPO of Pakistan’s Top Mobile Operator

stp2y0 CommentsRAG modelsAmsterdam, Bangladesh, business, deals, Farrukh Khan, IPOs, Kaan Terzioglu, Moscow, Pakistan, retail, russia, Technology, ukraine

Veon Ltd., a Dutch-domiciled telecommunications company, is preparing to sell as much as 20% in its Pakistani unit Jazz in an initial public offering, Chief Executive Officer Kaan Terzioglu said.“A 12-month horizon is when we will make really concrete decisions” about the IPO, Terzioglu said in an interview in Amsterdam. Pakistan’s pension funds, local and retail investors would be keen to have a stake in the country’s biggest mobile operator, he said. Veon earned $1.12 billion in revenue from Pakistan last year. Source link lol