U.S. to Receive 15% Stake in Lukoil Deal Without Investing Funds
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The New York Times reports that the U.S. will receive around a 15% stake in the deal for foreign assets of Russian oil company Lukoil, without investing its own funds. The main part of the shares will go to Middle Eastern investors, with a smaller stake for American billionaire Todd Boehly. The deal is part of U.S.-Russia talks over Ukraine and involves lifting sanctions against Lukoil. Business ties of deal participants with Jared Kushner and Steve Vitkoff are also noted.
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