Carlyle Abandons $22 Billion Lukoil Deal

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US investment firm Carlyle has abandoned plans to acquire Russian oil giant Lukoil’s international assets, initially valued at approximately $22 billion. The agreement expired in July after failing to secure US regulatory approval. Lukoil, pressured by American sanctions, continues seeking buyers. ExxonMobil and investors backed by US and Gulf interests have also expressed interest in the assets.

Source

https://www.upstreamonline.com/politics/carlyle-drops-plan-to-buy-lukoils-foreign-assets/2-1-2056695

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