VimpelCom stock offer approved

February 1999
RCR;02/08/99, Vol. 18 Issue 6, p95
Trade Publication
Announces the approval given by shareholders of Vimpel-Communications to the issue of 8.9 million shares of the firm's common stock to Telenor East Invest AS at $18.19 per share. Telenor's acquisition of 25.7% of VimpelCom's total voting stock in consideration for cash payment of approximately $162 million.


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