Ukraine’s Akhmetov to Buy Stake in Ukrtelecom, Kommersant Says

SCM Holding, owned by Ukraine’s richest man, Rinat Akhmetov, agreed with Epic Financial Consulting Gesellschaft to acquire a stake in VAT Ukrtelecom (UTLM), Kommersant-Ukraine reported, citing an unidentified person familiar with the deal.

SCM is aware of the possible sale of the Ukrtelecom stake and cannot comment on “hypothetical deals,” said SCM spokesman Anatoliy Yevtushenko in a phone interview with Bloomberg.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.