Kyivstar Group Ltd. /
VEON Holdings
Kyivstar Group Ltd. to acquire VEON Holdings in business combination




Source for the buyer and target: Cohen Circle Acquisition Corp. I
For the buyer and target.
“The Business Combination Agreement has been approved by the boards of directors of each of SPAC, VEON Ltd. (“VEON”), the Seller, VEON Holdings, the sole directors of Kyivstar Group Ltd. and Merger Sub, VEON, as the sole shareholder of the Seller, the Seller, as the sole shareholder of VEON Holdings and Kyivstar Group Ltd., and Kyivstar Group Ltd., as the sole shareholder of Merger Sub.”
Published 23 Jul 2025
Open the sourceWhat happened
Kyivstar Group Ltd. entered into a business combination agreement that provides for the purchase of VEON Holdings from VEON Amsterdam B.V. in exchange for newly issued Kyivstar Group Ltd. Common Shares and a Seller Loan Note. [01]
The defined Closing Equity Value is $2,210,000,000, subject to cash adjustments. [01]
The source
Everything on this page comes from the source below, quoted word for word.
Kyivstar Group Ltd. to acquire VEON Holdings in business combination
This document is the source for the companies, stage and people on this page.
Open the sourceTimeline
Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.
The same firms, in other deals
The firms' deal history and connections across other deals.
These firms' full profiles are part of Pro.
Request an inviteAlready invited? Sign in
Carrywatch Pro is by invitation. An invite lets you buy Pro.
By email · Weekly