The latest update is out from VEON ( (VEON) ).
On April 8, 2025, VEON Ltd. announced the completion of its reorganization of VEON Holdings B.V. and the finalization of its consent solicitation process, initially announced on January 13, 2025. This reorganization is a strategic move towards a business combination with Cohen Circle Acquisition Corp. I, facilitating the planned Nasdaq listing of Kyivstar Group Ltd., Ukraine’s leading digital operator. The reorganization included a legal demerger in the Netherlands, focusing VEON Holdings B.V. solely on Kyivstar and related assets, while transferring other core businesses to new Dutch entities. This move, supported by bondholders, is expected to enhance VEON’s industry positioning and impact stakeholders positively.
Spark’s Take on VEON Stock
According to Spark, TipRanks’ AI Analyst, VEON is a Neutral.
VEON’s stock score reflects strong operational efficiency and positive technical momentum, offset by financial risks due to high leverage and negative profitability metrics. While the earnings call provides a positive growth outlook, valuation issues and regional challenges temper the overall score.
To see Spark’s full report on VEON stock, click here.
More about VEON
VEON Ltd. is a Nasdaq-listed global digital operator providing connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the global population. The company focuses on technology-driven services that empower individuals and foster economic growth.
YTD Price Performance: -11.01%
Average Trading Volume: 134,954
Technical Sentiment Signal: Sell
Current Market Cap: $2.75B
See more data about VEON stock on TipRanks’ Stock Analysis page.