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Kyivstar agrees to acquire GigaCloud for up to USD 50 million

PUBT·10/27/2026 21:20:02
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Kyivstar agrees to acquire GigaCloud for up to USD 50 million
  • Kyivstar agreed to acquire Ukrainian cloud infrastructure provider GigaCloud for up to USD 50 million, expanding its enterprise cloud capabilities.
  • The transaction includes a USD 41 million acquisition price and up to USD 4 million in deferred non-adjustable debt.
  • Additional consideration comprises approximately USD 3 million tied to performance and up to USD 2 million in capital expenditure reimbursement.
  • GigaCloud generated approximately USD 14 million in revenue and USD 4.7 million in EBITDA in 2025, based on unaudited management accounts.
  • The acquisition is expected to be immediately accretive to earnings and cash flow; completion remains subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kyivstar Group Ltd. published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.