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Add as a preferred source on GoogleVEON Agrees to Acquire 33.75% Stake in JungoTV Holdco, Inc.
The agreement includes control rights and calls for $5 million in cash and about 2.35 million Kyivstar Group Ltd. shares.
VEON has agreed to acquire a 33.75% equity stake and control rights in JungoTV Holdco, Inc., Jungo TV’s newly formed holding company, in a deal expected to close in 2027, subject to conditions.
The payment structure calls for $5 million in cash at signing and approximately 2.35 million existing shares of Kyivstar Group Ltd. at closing.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.