VimpelCom to Sell 51% Djezzy Stake to Algeria for $2.64 Billion

[at Bloomberg] – VimpelCom Ltd. (VIP) agreed to sell control of its Algerian unit Djezzy to the North African country’s government for $2.64 billion to resolve years of disputes and release cash to pay down debt. VimpelCom, co-owned by Russian billionair more

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