Carlyle Group has agreed to acquire most of Lukoil’s international assets, three months after the Russian oil producer was placed under US sanctions, according to a report by Bloomberg.
The transaction excludes assets in Kazakhstan and remains subject to regulatory approvals. Financial terms were not disclosed, and Lukoil said discussions with other potential buyers are ongoing. Carlyle said the deal has been structured to be fully compliant with requirements set by the US Office of Foreign Asse...
Continue Reading
Sign up for FREE to read the full article and access 132K+ alternative investment headlines.
Alternative Investment News