Global digital operator Veon confirmed the sale of its 45.57% stake in Djezzy Algeria for $682 million. Veon said the cash will be used to improve its liquidity position.
Veon’s stake in the company now belongs to Fonds National d’Investissement (Algeria’s national investment fund), which...
VimpelCom selling Djezzy for $2.6B
While other carriers look for mergers and acquisitions in Europe, two major Dutch telecoms are shrinking their asset portfolios.
VimpelCom recently announced it is selling its 51% stake in Algeria's Djezzy for $2.6 billion. The Amsterdam-based telco and its subsidiary Global Telecom Holding...
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