VEON Acquires OLX in Kazakhstan
VEON expands its digital commerce footprint through the acquisition of OLX in Kazakhstan.
Story updates
11:04:01 AM UTC
SquawkNews
VEON Completes Acquisition OLX for $81M >VEON
11:06:50 AM UTC
SquawkNews
New York, Dubai, Astana, [November 6, 2026] — VEON Ltd. NASDAQ:VEON, a global digital operator (“VEON” or “the Company”), today announces that its subsidiary Beeline Kazakhstan has completed the acquisition of 100% of OLX Group LLP (“OLX KZ”) from OLX Global B.V. for a total consideration of USD 81…
11:07:00 AM UTC
SquawkNews
VEON's Beeline Kazakhstan completed its acquisition of 100% of OLX KZ for USD 81M, inclusive of approximately USD 6M in completion adjustments. OLX KZ reported just over USD 28M in revenue for the year ending March 2026; no prior-period comparison was provided.Material DetailsContext by AI AnalystT…