Telenor says Moscow court to hear Vimpelcom motion
OSLO, July 7 (Reuters) – Norway’s Telenor ASA (TEL.OL) said on Tuesday a Moscow court had agreed to hear on July 21 a motion to halt the transfer of its shares in mobile firm Vimpelcom VIP.OL to a Russian agency in charge of auctioning them off.
“We’ll do whatever we can to stop a potential forced sale,” Telenor spokesman Dag Melgaard told Reuters.
He added, however, that a separate motion for a stay of execution of the transfer of its shares to the Federal State Property Agency, until after the court hearing, had been denied.
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