Telenor: VimpelCom Ltd Completes VimpelCom Share Offer
April 21 2010 - 3:13AM
Dow Jones News
Norwegian telecommunications operator Telenor ASA (TEL.OS) said
Wednesday that VimpelCom Ltd. has completed the offer for OJSC
VimpelCom's (VIP) shares and American Depository Shares, paving the
way for a planned merger between the Russian mobile operator and
Ukraine's largest operator Kyivstar.
Telenor and Russian partner Alfa Group last year agreed to
combine their assets in VimpelCom and Kyivstar into the combined
company VimpelCom Ltd.
Shares in Telenor closed Tuesday at NOK86.90.
Company Web site: http://www.telenor.com
-By Gustav Sandstrom, Dow Jones Newswires; +46-8-5451-3099;
gustav.sandstrom@dowjones.com
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