MarketPR
A consortium backed by the US government and Gulf billionaires is moving to unseat Carlyle, which struck a deal to buy Russian group Lukoil's international business in January.
The new bid focuses on the physical assets that underpin Lukoil's global operations, creating a direct challenge to the existing ownership structure.
This development shifts the focus from a simple acquisition to a contested battle for control over key energy infrastructure. The core of this dispute centers on the Lukoil assets that Carlyle agreed to purchase.
The January deal set the stage for a transfer of the international business, but the entry of a high-profile rival group complicates the timeline.
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