VEON Mergers

Ahead of Its Historic Listing on Nasdaq, Kyivstar Group Completes Business Combination with Cohen Circle

Published August 14, 2025 at 08:01 PM

Kyiv, New York, Dubai, and Philadelphia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- VEON Ltd. (Nasdaq: VEON) (“VEON”), a global digital operator and parent company of Ukraine’s leading digital operator JSC Kyivstar (“Kyivstar”), and Cohen Circle Acquisition Corp. I (Nasdaq: CCIR) (“Cohen Circle”), a special purpose acquisition company, have today closed the previously announced business combination between Kyivstar Group Ltd. and Cohen Circle (the “Business Combination”), which will make Kyivstar Group Ltd. a U.S.-listed company.

Related Questions

How will the business combination affect VEON's valuation and earnings per share? What are the expected short‑term price movements for VEON and CCIR post‑completion? How does the transaction compare to recent SP‑SP deals in terms of premium and structure? How will the listing of Kyivstar Group on Nasdaq impact its liquidity and trading volume? What regulatory or geopolitical risks could arise from Kyivstar's Ukrainian operations? Will the merger create synergies that could improve margins compared to peers in the telecom sector? What is the anticipated impact on VEON's dividend policy and capital allocation strategy? How might this deal affect competitive dynamics with other global operators like Vodafone, Orange, and Tele2? What are the potential tax implications for shareholders resulting from the business combination? How will the integration of Kyivstar's assets influence VEON's growth outlook in emerging markets?