U.S. private equity giant Carlyle (CG) is exploring options to buy foreign assets from Russian oil major Lukoil (LUKOY), three sources familiar with the situation said, Reuters reports. Carlyle is at the early stages of exploring a possible purchase of the assets, one of the sources said. It is looking at the option of filing for a U.S. license and then beginning due diligence, the source said, adding that it could still decide to walk away, the publication adds.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CG:
