BUZZ-Kyivstar Group slips as top shareholders look to slice stakes
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Kyivstar Group's shares fell 4.5% to $12.02 as major shareholders plan to sell 12.5 million shares in a public offering. Parent company VEON is selling 12.1 million shares, while Cohen Circle is offloading 400,000 shares. Despite the decline, all five brokerages covering the stock maintain a "buy" rating, with a median price target of $17. Kyivstar went public in New York last year after merging with Cohen Circle Acquisition Corp. The stock is down 3% this month.
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