Xtellus Partners proposes asset swap to compensate US investors tied to Lukoil
US investment bank Xtellus Partners has submitted a plan to the US Treasury to recover frozen Lukoil holdings for investors by selling the Russian company’s international assets.
| Sector | Pétrole |
|---|---|
| Theme | Investissements & Transactions, Investissement entreprise |
US investment bank Xtellus Partners has submitted a proposal to the US Treasury aiming to reimburse American investors who suffered losses in Lukoil, through the sale of the Russian oil company’s foreign assets. Asset managers including BlackRock, JP Morgan, and Goldman Sachs were forced to freeze and subsequently write off their holdings in Lukoil after the invasion of Ukraine in 2022.
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