VEON-backed Kyivstar to go public via a SPAC merger with Cohen Circle Acquisition Corp. I for $2.3bn.

VEON-backed Kyivstar, a digital operator in Ukraine, agreed to go public via a SPAC merger with Cohen Circle Acquisition Corp. I, a special purpose acquisition company, for $2.3bn. “Through the war, the Kyivstar team has succeeded in spearheading the resilience and rebuilding of Ukraine’s infrastructure while building the foundations of its future success as a leading digital services company in Ukraine. The progress towards Kyivstar’s listing will allow us to share this growth story with global investors. With our highly experienced and motivated team, we look forward to completing the Business Combination with Cohen Circle to embark on the next phase of Kyivstar’s growth,” Oleksandr Komarov, Kyivstar CEO.