Altimo Wants to Scrap Telenor Shareholder Agreement

Norway’s Telenor may be on the brink of losing its influence over Russian mobile operator VimpelCom as fellow leading shareholder Altimo said it wants to scrap the company’s shareholder agreement. The 2009 agreement, thrashed out after years of courtroom and boardroom battles between Telenor and Russian billionaire Mikhail Fridman’s Altimo, was designed to give Altimo and Telenor roughly equal sway in VimpelCom. One of the key […]