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The ruling made by the Kyiv Court of Appeals removes one of the last obstacles to the deal previously halted by Ukrainian regulators. The shares were initially frozen on suspicion of links with the sanctioned Russian oligarch Mikhail Fridman. Turkcell is a publicly traded Turkish company; its shares are traded on the Istanbul and New York stock exchanges. 54% of Turkcell’s shares are owned by private shareholders. Another 26.2% is held by the Turkey Wealth Fund (TWF). The remaining 19.8% belong to Luxembourg-based IMTIS Holdings, wholly owned by the Dutch company LetterOne, whose key sharehold…