Reuters logo
Russia's Megafon to buy 50 pct stake in Euroset from Vimpelcom
July 12, 2017 / 5:45 AM / 2 months ago

Russia's Megafon to buy 50 pct stake in Euroset from Vimpelcom

MOSCOW, July 12 (Reuters) - Russian mobile operator Megafon will buy a 50 percent stake in Euroset, Russia’s largest mobile and electronics retail network, from Vimpelcom, a subsidiary of Amsterdam-based mobile network operator Veon Ltd.

In a statement issued on Wednesday, Megafon said it would own 100 percent in Euroset after the deal, under which Vimpelcom would also buy a half of Euroset’s retail stores. (Reporting by Katya Golubkova; Editing by Dmitry Solovyov)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below