financetom
Business
financetom
/
Business
/
Kyivstar CEO says Russia-Ukraine peace deal would boost value after historic U.S. listing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kyivstar CEO says Russia-Ukraine peace deal would boost value after historic U.S. listing
Aug 15, 2025 2:38 AM

Aug 15 (Reuters) - A peaceful resolution to the war

between Russia and Ukraine would boost the value of Ukrainian

mobile operator Kyivstar "quite significantly", its CEO

Oleksandr Komarov said on Friday ahead of the company's stock

market listing in New York.

Kyivstar's shares will begin trading on the Nasdaq later on

Friday, becoming the first Ukraine-based company listed on a

U.S. stock exchange.

The listing coincides with a highly anticipated summit

between U.S. President Donald Trump and Russian President

Vladimir Putin in Alaska, a meeting closely watched by Ukraine

and European nations as a potential turning point in peace

negotiations.

"We will be the best asset for the international investment

community to invest in Ukraine, to invest in the Ukrainian

recovery, to invest in the Ukrainian support," Komarov said in

an interview.

Komarov said the company chose Nasdaq, where its parent VEON

is also listed, over London or Warsaw because it is

even more important to "strengthen the link between the United

States and Ukraine rather than between Ukraine and Europe."

The company has deepened its U.S. ties during the

conflict, appointing former U.S. Secretary of State Mike Pompeo

to its board and

signing a deal

with Elon Musk's Starlink for satellite services.

VEON has pitched the listing as an opportunity for

foreign investors to bet on Ukraine's reconstruction. But its

success hinges in part on a peace deal being achieved.

Komarov said that the first few weeks of trading will be

extremely volatile. When asked if the outcome of the IPO depends

on political developments, he said the volatile external

environment was already incorporated in Kyivstar's valuation.

Kyivstar, which has been given a pro forma valuation of

$2.3 billion, carried out the listing by merging with fintech

entrepreneur Betsy Cohen's Cohen Circle special purpose

acquisition company (SPAC).

The company raised $178 million, confirming a

Reuters report

saying Kyivstar expected up to $200 million.

VEON will retain a majority stake in the mobile

operator.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Quisitive Shareholders Approve $169.1-Million Sale to H.I.G. Capital
Quisitive Shareholders Approve $169.1-Million Sale to H.I.G. Capital
Feb 28, 2025
03:47 PM EST, 02/28/2025 (MT Newswires) -- Quisitive Technology Solutions ( QUISF ) on Friday on Friday said shareholders voted to approve the $169.1-million sale of the company to an affiliate of funds managed by H.I.G. Capital. The company said 98.55% of shares were voted in favor of the sale, which will see shareholder receive $0.57 in cash for each...
Bumble names Ronald Fior interim finance chief
Bumble names Ronald Fior interim finance chief
Feb 28, 2025
Feb 28 (Reuters) - Bumble on Friday named Ronald Fior, currently a partner of financial consulting firm FLG Partners, as the interim finance chief of the dating app operator, effective March 15. ...
Adverum Biotechnologies Insider Bought Shares Worth $1,439,087, According to a Recent SEC Filing
Adverum Biotechnologies Insider Bought Shares Worth $1,439,087, According to a Recent SEC Filing
Feb 28, 2025
04:08 PM EST, 02/28/2025 (MT Newswires) -- Braden Michael Leonard, 10% Owner, on February 26, 2025, executed a purchase for 336,756 shares in Adverum Biotechnologies ( ADVM ) for $1,439,087. Following the Form 4 filing with the SEC, Leonard has control over a total of 2,709,620 common shares of the company, with 104,800 shares held directly and 2,604,820 controlled indirectly....
Fiserv Insider Sold Shares Worth $405,971, According to a Recent SEC Filing
Fiserv Insider Sold Shares Worth $405,971, According to a Recent SEC Filing
Feb 28, 2025
04:09 PM EST, 02/28/2025 (MT Newswires) -- Adam L. Rosman, Chief Administrative and Legal Officer, on February 27, 2025, sold 1,742 shares in Fiserv ( FI ) for $405,971. Following the Form 4 filing with the SEC, Rosman has control over a total of 55,897 common shares of the company, with 55,897 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/798354/000079835425000070/xslF345X05/wk-form4_1740776653.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved