"This transaction is in line with the previously communicated strategy and concludes the final sell-down in VEON," Telenor said. "Citi has been Telenor counterpart for the sale."
(Reporting by Terje Solsvik; Editing by Edmund Blair)
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Jun. 14 | Norwegian Telco Telenor Sets Up New Cybersecurity Company | MT |
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Norway's Telenor said on Friday it had sold its remaining 157 million shares in telecoms group VEON for $362 million (280.21 million pounds).
"This transaction is in line with the previously communicated strategy and concludes the final sell-down in VEON," Telenor said. "Citi has been Telenor counterpart for the sale."
(Reporting by Terje Solsvik; Editing by Edmund Blair)
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