Helikon Investments Ltd Bolsters Position in VEON Ltd with Significant Share Acquisition
VEONVEON .(VEON) Gurufocus·2024-10-05 06:03

Overview of the Recent Transaction On September 30, 2024, Helikon Investments Ltd (Trades, Portfolio) made a notable addition to its investment portfolio by acquiring 90,845,580 shares of VEON Ltd (VEON, Financial), a prominent player in the telecommunication services industry. This transaction not only increased the firm's total holdings in VEON to 93,584,855 shares but also significantly impacted its portfolio, with a 72.01% trade impact at a trading price of $30.42 per share. This strategic move highligh ...