VimpelCom Ltd. to consider merger with Weather Investments
The supervisory board of VimpelCom Ltd. plans to consider a merger with the telecommunications investment company Weather Investments before the end of 2010, VimpelCom Ltd. CEO Alexander Izosimov said today.
Telenor has increased its voting share in VimpelCom to 36.36% after buying 234,000,000 preferred shares from Weather Investments II for $374,400,000.