VEON’s Beeline Kazakhstan Moves to Buy OLX Kazakhstan in Major Deal
We’re looking at an important move by VEON Ltd. (ticker: VEON). Its Kazakh arm, Beeline Kazakhstan, has agreed to acquire the online classifieds business OLX Kazakhstan for US$75 million. OLX Kazakhstan reportedly boasts around 10 million monthly active users and 3.6 million listings, and reaches more than half of the country’s active internet users.This deal…