financetom
Business
financetom
/
Business
/
VEON's Kyivstar to Buy Ukrainian Ride-Hailing Firm Uklon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
VEON's Kyivstar to Buy Ukrainian Ride-Hailing Firm Uklon
Mar 19, 2025 8:39 AM

11:00 AM EDT, 03/19/2025 (MT Newswires) -- VEON (VEON) said Wednesday its unit Kyivstar has agreed to buy Ukrainian ride-hailing and delivery company Uklon.

Kyivstar will buy 97% of Uklon shares for $155.2 million, VEON said, adding Uklon Chief Executive Serhii Hryshkov is expected to stay in his role.

Price: 46.07, Change: +0.09, Percent Change: +0.20

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 >
Uber Technologies Backs Wayve to Develop Automated Driving Capabilities
Uber Technologies Backs Wayve to Develop Automated Driving Capabilities
Sep 1, 2024
08:33 AM EDT, 08/29/2024 (MT Newswires) -- Uber Technologies ( UBER ) and Wayve entered a partnership that includes a collaboration with automative OEMs to improve Wayve's self-driving technology, as well as funding from Uber ( UBER ), Wayve said. Uber ( UBER ) also agreed to invest in Wayve as an extension of the AI technology firm's Series C...
Sector Update: Consumer
Sector Update: Consumer
Sep 1, 2024
08:50 AM EDT, 08/29/2024 (MT Newswires) -- Consumer stocks were mixed premarket Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) almost 1% higher recently. Dollar General ( DG ) shares fell by over 25% after it reported fiscal Q2 earnings of $1.70 per diluted share, down from...
Dollar General Cuts Full-Year Outlook as Quarterly Results Miss Estimates
Dollar General Cuts Full-Year Outlook as Quarterly Results Miss Estimates
Sep 1, 2024
08:55 AM EDT, 08/29/2024 (MT Newswires) -- Dollar General ( DG ) lowered its full-year outlook on Thursday amid softening sales trends, as the discount retailer's fiscal second-quarter results missed Wall Street estimates. The company now anticipates per-share earnings to come in between $5.50 and $6.20 for fiscal 2024, down from its previous projections of $6.80 to $7.55. Sales are...
Canagold Resources Reports
Canagold Resources Reports "Encouraging" Assays from New Polaris Project in British Columbia
Sep 1, 2024
08:47 AM EDT, 08/29/2024 (MT Newswires) -- Canagold Resources ( CRCUF ) reported Thursday sample assay results from an additional 26 drill holes from the resource expansion drill program targeting the North Zone at the New Polaris gold project in British Columbia. Highlights include 20.2 grams per tonne (g/t) gold over 4.4 meters, 18.3 g/t gold over 4.5 meters and...
Copyright 2023-2025 - www.financetom.com All Rights Reserved