sale

Russian oil company Lukoil has reached a preliminary agreement to sell almost all of its foreign assets with U.S. investment company Carlyle, Logos Press reported.

France’s billionaire Pinot family, through its holding company Artémis, has agreed to sell a 29% stake in German sports brand Puma SE to Chinese giant Anta Sports Products Ltd for €1.5 billion ($1.8 billion), according to Logos Press.

At the same time, for investments worth 25 million euros or more, the state will provide a number of benefits, including the transfer of state-owned land for free use, exemption or deferral of real estate tax, fees for issuing certificates and permits, which are an integral part of the investment project, according to Logos Press.

Negotiations on the sale of Giurgiulesti port are ongoing, the deal has not yet been finalized, the Ministry of Economic Development and Digitalization said.

Russia’s second-largest oil producer Lukoil said it plans to sell its overseas assets after the U.S. Treasury Department imposed sanctions on the company to pressure the Kremlin to end the war in Ukraine, Logos Press reported.

Revenues from the sale of confiscated criminal property rose from LE 34,775 in 2022 to a projected LE 7,380,000 by the end of this year, Logos Press reported.

For the US division of Chinese social network TikTok, US President Donald Trump has found a group of “very rich people” who are willing to buy out the business, Logos Press reports.

The European Bank for Reconstruction and Development (EBRD) has received several binding offers to acquire the Giurgiulesti International Free Port (GIFP), – Logos Press reports.

The Danube Sea Ports Administration wants to buy the Giurgiulesti port in Moldova from the EBRD and needs the help of a specialized consultant, Logos Press reports.