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Telecoms group VEON mulls U.S. IPO for Ukraine’s Kyivstar

By Thomson Reuters Nov 14, 2024 | 2:49 AM

(Reuters) – Telecoms group VEON is considering an initial public offering (IPO) for its Ukrainian unit Kyivstar on Nasdaq in the U.S. as early as next year, CEO Kaan Terzioglu said on Thursday.

“We have not made those decisions yet, but we are committed to looking into IPOs of our local assets. And clearly, Kyivstar is one of those assets which could be in the line of this process,” Terzioglu told Reuters in an interview.

(Reporting by Gianluca Lo Nostro and Leo Marchandon in Gdansk; editing by Milla Nissi)