VEON Ltd. announced on March 18, 2025, the signing of a definitive Business Combination Agreement (BCA) with Cohen Circle Acquisition Corp. I. This agreement will result in the listing of Kyivstar Group Ltd., the parent company of Kyivstar, on the Nasdaq Stock Market under the ticker symbol KYIV.
Following the completion of the business combination, which is expected in Q3 2025 and is subject to shareholder and customary closing conditions, VEON will retain a minimum of 80% of the issued and outstanding equity of Kyivstar Group. This listing marks a defining moment for Ukraine’s economic future.
Group CEO Kaan Terzioglu stated that Kyivstar's listing will offer U.S. and global investors a unique opportunity to support and participate in Ukraine’s economic growth and resilience. The agreement highlights Kyivstar’s strong financial profile, visionary strategy, and robust governance structure, developed as a VEON Group company.
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