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Stock impact report

VEON announces the withdrawal of its offer to acquire the assets of GTH in Pakistan and Bangladesh

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: PR Newswire
AMSTERDAM, Oct. 11, 2018 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) (VEON) has terminated its offer to acquire the assets of Global Telecom Holding S.A.E ("GTH") in Pakistan and Bangladesh. VEON has terminated its offer in light of recent events surrounding the Pakistani Rupee and the reaction to the offer by GTH minority shareholders, which suggests that approval would not have been forthcoming.VEON will continue to explore options to address its strategic relationship with GTH and its minority shareholders.ABOUT VEON VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services. For more information visit: http://www.veon.com DISCLAIMERThis release contains "forward-looking statements", as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements r Show less Read more
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