The European Bank for Reconstruction and Development and the International Finance Corporation on Oct. 10 said they would provide $435 million to finance a recently merged Ukrainian telecoms company. The funding is part of a deal — led by French billionaire Xavier Niel — that represents the largest foreign direct investment in Ukraine since the […]

The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) provided $435 million to support investment in Datagroup-Volia-Lifecell, a recently merged Ukrainian telecom company owned by a French billionaire, according to a statement from Oct. 10. This is the single biggest direct foreign investment in Ukrainian business since Russia's full-scale invasion began […]