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Carlyle halts negotiations to acquire Lukoil's overseas assets

Bloomberg +1 ·

CG
CG Carlyle Group Inc
$38.39 +1.56%
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  1. 1Carlyle announced it will no longer pursue negotiations to acquire the overseas assets of Lukoil, Russia's second-largest oil producer.
  2. 2The assets, for which an acquisition was agreed upon on January 29, excluded Kazakhstani assets and were valued at approximately $22 billion.
  3. 3The assets were put up for sale due to US sanctions on Russia, drawing interest from more than 12 companies including ExxonMobil.

So what's the key point?

Carlyle has abandoned its plan to purchase overseas assets from the Russian oil company Lukoil. More than 12 companies showed interest in these assets, which were put on the market due to US sanctions.

Source Bloomberg +1 · View original ↗

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