The Azerbaijani owner of Vodafone Ukraine has purchased the United Mining and Chemical Company for almost ₴4B.

The State Property Fund (SPFU) sold 100% of the United Mining and Chemical Company’s shares to the Cemin Ukraine firm, which offered ₴3.94B ($96M) for the state asset that the SPFU had tried to sell numerous times. The buyer is obliged to preserve the enterprise’s main activities, invest…