CG Cell Technologies DAC signed an agreement to acquire 50.1% stake Beeline Kyrgyzstan from VEON Ltd. (NasdaqCM:VEON) on March 26, 2024. The transaction values Beeline Kyrgyzstan?s business at 3.4x 2023 EBITDA. completion of the sale of VEON?s stake in Beeline Kyrgyzstan, which is held by VIP Kyrgyzstan Holding AG, to CG Cell Technologies Designated Activity Company is subject to relevant regulatory approvals.