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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds Embracer, Foraco, LPP and Wienerberger March 28 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. The moves, part of a broader corporate exodus from Russia, have prompted concerns that Russian companies and institutions are snapping up prize assets at bargain pr
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Veon Repays In Full Outstanding Balance Of $805 Mln

BRIEF-Veon Repays In Full Outstanding Balance Of $805 Mln March 28 (Reuters) - VEON Ltd VON.AS : VEON PAYS BACK OUTSTANDING BALANCE AND CANCELS ITS REVOLVING CREDIT FACILITY REPAID IN FULL OUTSTANDING BALANCE OF USD 805 MILLION THIS WILL REDUCE VEON'S INTEREST EXPENSES Source text for Workspace: nGNELm1j2 Further company coverage: VON.AS (Gdansk Ne
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Veon Sells Beeline Kyrgyzstan Stake To CG Cell Technologies

BRIEF-Veon Sells Beeline Kyrgyzstan Stake To CG Cell Technologies March 26 (Reuters) - VEON Ltd VON.AS : VEON ANNOUNCES SALE OF STAKE IN BEELINE KYRGYZSTAN, INCREASING THE FOCUS ON ITS LARGE MARKETS TRANSACTION VALUES BEELINE KYRGYZSTAN'S BUSINESS AT 3.4X 2023 EBITDA (PRE-IFRS16) SALE OF ITS 50.1% INDIRECT STAKE IN BEELINE KYRGYZSTAN TO CG CELL TEC
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Kyivstar parent VEON 'cautiously optimistic' on 2024 revenue growth

UPDATE 2-Kyivstar parent VEON 'cautiously optimistic' on 2024 revenue growth Adds CEO quote paragraph 3, paragraph 7, background paragraph 8 By Nathan Vifflin March 21 (Reuters) - VEON VON.AS , the owner of Ukraine's largest mobile network Kyivstar, said on Thursday it expected lower revenue growth in 2024, though it still forecast double-digit expansion.
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Veon Q4 EBITDA Falls To $364 Million

BRIEF-Veon Q4 EBITDA Falls To $364 Million March 21 (Reuters) - VEON Ltd VON.AS : Q4 REVENUE OF $953 MLN, +1.4% YOY (+17.9% YOY IN LOCAL CURRENCY NORMALISED) Q4 EBITDA OF $364 MLN, -20.4% YOY (+24.9% YOY IN LOCAL CURRENCY NORMALISED) Q4 CAPEX OF $258 MLN, -1.8% YOY HAS ANNOUNCED ITS FY REVENUE GUIDANCE OF 16-18% GROWTH IN LOCAL CURRENCY, EBITDA GUI
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