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Talks have soured between Vimpelcom (VIP -1.2%) and Algeria over the future of the Djezzy mobile...

Talks have soured between Vimpelcom (VIP -1.2%) and Algeria over the future of the Djezzy mobile telecom business after Algeria fined Djezzy's boss $1.25B, Reuters reports. The two sides had been close to concluding a deal under which the Algerian state would have acquired from VIP a 51% stake in Algeria-based Djezzy.
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