Veon on cusp of Russia exit as MegaFon gets litigious

Netherlands-based Veon has taken another step closer to bidding ‘do svidaniya’ to Russia.
The telco group on Tuesday announced that it has submitted all necessary paperwork to Euroclear and Clearstream – two European securities transaction settlement firms – pertaining to the cancellation of Veon’s Eurobonds held by its Russian unit, PJSC VimpelCom.
Cancelling these bonds means Veon has cleared another hurdle on its way out of Russia. That’s been the plan sinc