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0 0.00075743230448777 0.00075743230448777 0.00246733573186893 -0.00359780344631694 -0.00302972921795108 -0.00378716152243899 -0.00170422268509745
Stock impact report

VEON and JazzWorld Receive Competition Commission of Pakistan Approval for Acquisition of TPL Insurance

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: GlobeNewswire
Competition clearance marks next step in building comprehensive digital financial services ecosystem, accelerating digital financial services in Pakistan Dubai, New York and Karachi – April 14, 2026 – VEON Ltd. (Nasdaq: VEON, “VEON”), a global digital operator, today announced that the Competition Commission of Pakistan (“CCP”) has authorized the acquisition of TPL Insurance Limited (“TPL Insurance”) by its subsidiary Jazz International Holding Limited (“JIH”). The clearance, granted following a Phase-I competition assessment that found no competitive concerns, enables the companies to proceed towards closing transaction in mid-2026. TPL Insurance is Pakistan’s premier digital-first insurer, with an AA credit rating by the Pakistan Credit Rating Agency, a general insurer license, and a fully digital operating model built for scale. The company had a gross written premium of PKR 5.7 billion and over 277,000 policies issued as of December 31, 2025. The acquisition, announced on March Show less Read more
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