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April 6 (Reuters) - Telenor Asa
* Telenor to sell additional shares in Veon Ltd.
* Has commenced an offering of 70 million of its common shares in Veon ltd
* Currently owns approximately 416.7 million ADSS, which represents 23.7 percent of Veon's total outstanding common shares
* Price at which telenor will sell common shares and adss has not yet been determined
* Pricing of offering will be announced following completion of bookbuilding process
* Citigroup and Morgan Stanley will act as joint global coordinators and joint bookrunners for offering Source text for Eikon: Further company coverage: