Federal Antimonopoly Service of Russia (FAS) approved the merger of assets of Russia's VimpelCom and Ukrainian Kyivstar.
March 23, 2010 VimpelSom Ltd has received approval FAS to make a deal, and earlier on March 18 VimpelSom Ltd has received approval for the transaction of the Antimonopoly Committee of Ukraine (ACU). Thus, obtaining all necessary permits from regulatory authorities in Russia and Ukraine.
Recall that "Telenor Group" (Norway) and the company "Altimo" (Russia) decided to join the joint assets - shares in VimpelCom (Russia) and JSC "Kyivstar GSM" (Ukraine), creating "one of the largest cellular operators in emerging markets." The new company was named "VimpelCom Ltd." and is registered in Bermuda, is headquartered in the Netherlands, and she will be listed on the New York Stock Exchange.
The new joint cellular operator "VimpelCom Ltd." ("VimpelCom Ltd.") Continue to provide an integrated service provider in Russia, Ukraine and other CIS countries, Georgia, Vietnam, Cambodia, Laos, and will develop its activities in other rapidly developing markets of Europe, Asia and Africa.
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