The Dutch telecommunications holding company Veon announced today that it has received a license from the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury to conduct transactions for the sale of the Russian operator "Vympelkom" (operating under the "Beeline" brand).
"OFAC issued a license on April 15, 2023, authorizing the participation of US persons in all operations related and necessary for the sale of "Vympelkom"", - Veon announced. The holding also noted they have the necessary permissions from the authorities of the UK and the Bermuda Islands. All this is necessary for the sale of the Russian "daughter".
Let us remind you, Veon announced the sale of "Vympelkom" in November 2022. The buyer is the current top management of "Beeline", the deal is estimated at 130 billion rubles.