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Golden Telecom is acquired by VimpelCom in a $4.3 billion tender offer

January 2008

Client(s) Altimo Holdings & Investments Limited

Jones Day advised Altimo Holdings & Investments Limited, a significant indirect shareholder in Golden Telecom, Inc. ("Golden Telecom") and OJSC "Vimpel-Communications" ("VimpelCom"), in connection with the $4.3 billion tender offer by a subsidiary of VimpelCom for 100% of the shares of Golden Telecom.

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