Monday, October 8, 2012

Altimo strikes back with Vimpelcom share purchase

Altimo, the telecoms arm of Russian financial and industrial conglomerate Alfa Group, has increased its voting stake in Amsterdam-based international telecoms firm Vimpelcom Group from 40.5% to 41.9%, the Prime-Tass news agency reports. Altimo vice president Yevgeny Dumalkin told Prime: ‘We have seized the moment and bought Vimpelcom’s shares at an attractive price, as we believe the company to be of interest to investors’.


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OVETEL Altimo strikes back with Vimpelcom share purchase

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