Vimpelcom says aims to complete acquisition in Laos - - Blog ແຊຣ໌ຂ່າວສານທົ່ວໂລກ

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2.4.10

Vimpelcom says aims to complete acquisition in Laos -

Agreed to buy Millicom's 74 pct stake in Lao unit in 2009

* Millicom says deal has not been completed

* Vimpelcom says delay caused by regulatory issues

MOSCOW/STOCKHOLM, April 1 - Russia's Vimpelcom said it aims to complete the purchase of a majority stake in Millicom's Lao operations, after the emerging markets telecoms firm said the deal had failed to complete.

"Vimpelcom continues to work toward completing the acquisition of Millicom Laos. We have not yet closed the transaction because we have not received approval from the Lao government," it said in emailed comments on Thursday.

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Vimpelcom says aims to complete acquisition in Laos - Yahoo! Asia News

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