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Stock Market & Financial Investment News

News Breaks
March 28, 2013
13:41 EDTVIPVimpelCom trading halted, pending news
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August 4, 2015
19:35 EDTVIPVimpelCom, CK Hutchison nearing merger of Italian mobile units, Reuters says
Vimpelcom and CK Hutchison are nearing an agreement to merger their Italian mobile phone units, Reuters reported, citing sources close to the deal. One of the sources noted that "negotiations have become serious," adding that an announcement could be made this week. Reference Link
August 3, 2015
07:59 EDTVIPVimpelCom volatility elevated into Q2 and outlook
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July 29, 2015
12:32 EDTVIPVimpelCom, CK Hutchison nearing Italian asset merger, Bloomberg reports
VimpelCom and CK Hutchison are nearing combining their wireless units in Italy to create Italy's largest mobile-phone company by customers, Bloomberg reports, citing people familiar with the matter. The companies are finishing up the details of the deal, with an announcement expected potentially in the next week at the earliest, the report says. The owners are discussing a possible capital increase of $2.2B for the entity, the report adds. Reference Link

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