VEON and Cohen Circle Secure $52.3 Million for Kyivstar Group Listing

Friday, Jul 11, 2025 2:15 am ET1min read

VEON and Cohen Circle have secured $52.3 million in non-redemption agreements to back their proposed business combination involving Kyivstar Group. The deal, expected to close in Q3 2025, will list Kyivstar Group on Nasdaq under the ticker symbol "KYIV". VEON plans to invest $1 billion in Ukraine from 2023 to 2027, focusing on infrastructure and technology development.

VEON and Cohen Circle Secure $52.3 Million for Kyivstar Group Listing

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