Edition:
United States

Veon: No Guidance From FRA Yet To Allow To Proceed With Taking GTH Private


Wednesday, 23 Jan 2019 05:32am EST 

Jan 23 (Reuters) - VEON LTD ::REMAINS COMMITTED TO SIMPLIFYING ITS CORPORATE STRUCTURE, INCLUDING BY ADDRESSING ITS STRATEGIC RELATIONSHIP WITH GTH.HAS AS YET BEEN UNABLE TO OBTAIN NECESSARY GUIDANCE FROM EGYPTIAN FINANCIAL REGULATORY AUTHORITY TO ALLOW IT TO PROCEED WITH TAKING GTH PRIVATE.WILL CONTINUE TO EXPLORE THESE REQUIREMENTS WITH FRA AND ENGAGE WITH OTHER STAKEHOLDERS IN ORDER TO REACH A RESOLUTION..