Kyivstar Plans to Raise Up to $200 Million in Historic U.S. Listing

Reported about 14 hours ago

Ukraine's leading telecom operator, Kyivstar, is set to raise between $50 million and $200 million through a landmark stock market listing on Nasdaq, making it the first Ukraine-based company to be listed on a U.S. exchange. Parent company VEON expects to retain at least 80% of the shares while the listing aims to attract investor interest in Ukrainian assets amid the country's reconstruction efforts following the ongoing war. The planned IPO has already garnered support from various stakeholders, although there remain geopolitical risks associated with the venture.

Source: YAHOO

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