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VimpelCom announced the successful closing of the sale of 51% stake in Djezzy to Algeria's National Investment Fund for USD 2.6 billion, with GTH receiving an USD 1.8 billion dividend and VimpelCom using proceeds to pay down gross debt. The transaction maintains operational control and full consolidation of Djezzy, Algeria's leading telecom operator, while generating approximately USD 0.3 billion in annual interest savings.
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