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VEON completes the sale of Djezzy, receiving USD 682 million

Globe Newswire - Fri Aug 5, 2022

VEON completes the sale of Djezzy, receiving USD 682 million

Amsterdam, 5 August 2022 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and services, announces that it has received approximately USD 682 million following the completion of the sale of its stake in Djezzy Algeria. This transaction follows VEON’s previously announced strategy to streamline its portfolio.

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