Carlyle hires Goldman Sachs for Lukoil asset bid
Reuters·2025-12-17 18:10

Core Insights - Carlyle Group, a major U.S. private equity firm, has engaged Goldman Sachs to assist in its bid for assets from Lukoil, a Russian oil company facing sanctions [1] Group 1: Company Actions - Carlyle is actively pursuing Lukoil's overseas portfolio, indicating a competitive interest in the sanctioned firm's assets [1] - The involvement of Goldman Sachs suggests a strategic approach to navigating the complexities of acquiring assets from a sanctioned entity [1] Group 2: Industry Context - The bidding for Lukoil's assets reflects a broader trend in the private equity sector, where firms are seeking opportunities in distressed or sanctioned assets [1] - The situation highlights the increasing competition among private equity firms to acquire valuable international oil assets amid geopolitical tensions [1]