Algeria ponies up a cool $6.5B to acquire a majority stake in VimpelCom's (VIP) mobile phone...

|About: VimpelCom (VIP)|By:, SA News Editor

Algeria ponies up a cool $6.5B to acquire a majority stake in VimpelCom's (VIP) mobile phone unit in the nation. The acquisition ends a year-long dispute between the Algerian government and the Russian firm. Shares of VIP +3.1% premarket.