EconomyBoehly-led consortium prepares securities swap deal for Lukoil assets
A consortium led by US businessman Todd Boehly is preparing a securities swap to acquire Russian oil company Lukoil’s foreign assets, with a deal expected within weeks, Reuters reported, citing sources. An unnamed bank acting for the consortium has bought frozen Lukoil securities from Western investors to exchange for the assets.
Boehly-led consortium prepares securities swap deal for Lukoil assets