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VEON ( (VEON) ) has shared an update.
On July 10, 2025, VEON Ltd. and Cohen Circle Acquisition Corp. I announced securing approximately USD 52.3 million in non-redemption agreements with institutional investors for the proposed business combination of Kyivstar Group Ltd and Cohen Circle. This move secures the minimum cash condition for the business combination, expected to close in the third quarter of 2025, subject to shareholder approval. Upon completion, Kyivstar Group will be listed on Nasdaq, marking it as the first pure-play Ukrainian company on a U.S. stock exchange. This development highlights the strong investor confidence in Kyivstar Group’s potential and underscores VEON’s strategic focus on expanding its market presence in Ukraine.
The most recent analyst rating on (VEON) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on VEON stock, see the VEON Stock Forecast page.
Spark’s Take on VEON Stock
According to Spark, TipRanks’ AI Analyst, VEON is a Neutral.
VEON’s overall stock score reflects a balance of strong earnings call sentiment and valuation advantages against financial performance concerns and mixed technical signals. The notable strengths include revenue growth and strategic partnerships, while high leverage and regulatory challenges remain risks.
To see Spark’s full report on VEON stock, click here.
More about VEON
VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries. The company focuses on technology-driven services that empower individuals and drive economic growth. VEON is listed on Nasdaq and is involved in various digital services, including mobile and fixed line technologies, big data, cloud solutions, and cybersecurity.
Average Trading Volume: 221,411
Technical Sentiment Signal: Buy
Current Market Cap: $3.25B
For a thorough assessment of VEON stock, go to TipRanks’ Stock Analysis page.