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VEON’s Beeline Kazakhstan to Acquire OLX Kazakhstan for $75 Million

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VEON’s Beeline Kazakhstan to Acquire OLX Kazakhstan for $75 Million

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The latest announcement is out from VEON ( (VEON) ).

On October 21, 2025, VEON Ltd. announced that its Kazakh operating company, Beeline Kazakhstan, has agreed to acquire OLX Kazakhstan, a leading online classifieds business, for USD 75 million. This acquisition is expected to enhance Beeline Kazakhstan’s digital services ecosystem by integrating OLX KZ’s marketplace, which serves millions of users in Kazakhstan. The acquisition aligns with VEON’s strategy to expand its digital operator capabilities and is subject to regulatory approvals and customary closing conditions.

The most recent analyst rating on (VEON) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on VEON stock, see the VEON Stock Forecast page.

Spark’s Take on VEON Stock

According to Spark, TipRanks’ AI Analyst, VEON is a Outperform.

VEON’s strong earnings call performance and undervaluation are the most significant factors driving the score. Financial performance is solid but tempered by high leverage and cash flow concerns. Technical indicators suggest caution, but potential undervaluation and strategic achievements provide a positive outlook.

To see Spark’s full report on VEON stock, click here.

More about VEON

VEON Ltd. is a global digital operator providing connectivity and digital services to nearly 160 million customers across five countries, representing over 6% of the world’s population. The company is focused on transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on Nasdaq.

Average Trading Volume: 163,345

Technical Sentiment Signal: Buy

Current Market Cap: $3.68B

See more insights into VEON stock on TipRanks’ Stock Analysis page.

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