Norwegian telecoms giant Telenor has claimed that the June sale of Vimpelcom preferred shares to a Cyprus-based company owned by Alfa Group founder Oleg Kiselev was illegal. According to Total Telecom, the claim forms part of Telenor’s suit against Alfa Group-owned Altimo, its fellow stakeholder in Vimpelcom.
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OVETEL Telenor: Vimpelcom deal was ‘illegal’; new shareholder ‘interested’ in keeping 6% stake
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