Lukoil Eyes Carlyle Deal to Sell Overseas Assets Amid Sanctions

TL;DR
Lukoil said it is in talks to sell its foreign (non‑Russian) assets to Carlyle Group, potentially transferring most overseas holdings except Kazakhstan, as Western sanctions dent Russia’s oil revenue; terms are undisclosed and the deal would require Carlyle’s due diligence and regulatory approvals, including from the U.S. Treasury.
- Russia’s Lukoil in Talks to Sell Some Assets to U.S. Investment Firm The New York Times
- US Carlyle Group agrees to buy Lukoil's global assets after sanctions pressure Reuters
- Live: Kyiv says Russia has handed over 1,000 bodies of Ukrainian soldiers France 24
- Carlyle strikes tentative deal to buy Lukoil’s international assets Financial Times
- Carlyle Edges Ahead in Race for Lukoil’s International Assets The Wall Street Journal
Want the full story? Read the original reporting
Read on The New York Times