Altimo Sells 123.6M VimpelCom Shares

7th June 2011, Comments 0 comments

Altimo, which manages Alfa Group's telecommunication assets, has sold 123.6 million preferred shares in VimpelCom Ltd., or 5.995 percent of its voting rights in the company, to the Cyprus-based Forrielite, for 100 million, the company said in a statement Monday.

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