US Carlyle Group agrees to buy Lukoil's global assets after sanctions pressure [Yahoo! Finance Canada]
The Carlyle Group Inc. (CG)
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Source: Yahoo! Finance Canada
By Vladimir Soldatkin and Olesya Astakhova 4 min read In this article By Vladimir Soldatkin and Olesya Astakhova MOSCOW, Jan 29 (Reuters) - U.S. private equity firm Carlyle Group has agreed to buy most of Lukoil's foreign assets, initially valued at $22 billion by analysts, which Russia's second-largest oil company is being forced to sell because of U.S. sanctions. The planned sale, announced by both companies on Thursday, comes ?just as Russian, Ukrainian and U.S. negotiators try to reach a deal to end the war in Ukraine, and would mark the end, for now, of Lukoil's attempt ?to become a global player. "Carlyle's approach to LUKOIL International would be on ensuring operational continuity, preserving jobs, stabilizing the asset base and supporting safe, reliable performance across the portfolio by bringing to bear dedicated oversight and international operating capabilities," ?Carlyle said in a statement. Lukoil, which also announced the planned sale in a statement, sai
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CG
Earnings
- 2/5/26 - Miss
CG
Sec Filings
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- CG's page on the SEC website