VEON’s Kyivstar Group Completes Nasdaq Listing via Cohen Circle Merger

VEON ( (VEON) ) has provided an announcement.

On August 14, 2025, VEON Ltd. announced the completion of a business combination between its subsidiary, Kyivstar Group Ltd., and Cohen Circle Acquisition Corp. I. This merger will result in Kyivstar Group becoming a U.S.-listed company on Nasdaq, trading under the ticker symbols ‘KYIV’ and ‘KYIVW’. This marks Kyivstar as the first pure-play Ukrainian investment opportunity in the U.S. stock markets. VEON holds an 89.6% stake in Kyivstar, which serves nearly 23 million mobile customers and offers a range of digital services in Ukraine. The move is seen as a significant step in making Ukraine’s success story visible to U.S. investors and highlights VEON’s commitment to investing in Ukraine’s technological and infrastructure development.

The most recent analyst rating on (VEON) stock is a Buy with a $65.00 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 Outperform.

VEON’s overall stock score reflects a positive technical outlook and reasonable valuation, supported by a recovering financial performance. The company’s strategic focus on digital expansion and asset-light strategies is promising, though high leverage and regulatory challenges remain key risks.

To see Spark’s full report on VEON stock, click here.

More about VEON

VEON Ltd. is a global digital operator providing services to over 150 million connectivity customers and approximately 120 million monthly active digital users. The company operates across five countries and is focused on technology-driven services that empower individuals and drive economic growth. VEON is headquartered in Dubai and listed on NASDAQ.

Average Trading Volume: 256,527

Technical Sentiment Signal: Buy

Current Market Cap: $4.15B

For an in-depth examination of VEON stock, go to TipRanks’ Overview page.