Russian oligarch Roman Abramovich's British telecoms company Truphone to be sold for $1 - Business Insider South Africa


6/4/2022 12:00:00 AM2 years 10 months ago
by Sam Tabahriti

Former Chelsea FC owner's wealth has nearly halved as western sanctions target Russian business figures with ties to Vladimir Putin.

A British telecoms company owned by Roman Abramovich is being sold to two European tech entrepreneurs for about $1, The Times reported. Truphone, valued at $512 million ($410 million) in 2020, has r… [+1844 chars]

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