PJSC LukOil LUKOIL Completes Sale of Diamond Business (2423G)
25 May 2017 - 8:30PM
UK Regulatory
TIDMLKOD
RNS Number : 2423G
PJSC LukOil
25 May 2017
LUKOIL COMPLETES THE SALE OF DIAMOND BUSINESS
LUKOIL completes the sale of its 100% stake in JSC
"ARKHANGELSKGEOLDOBYCHA" to LLC "Otkritie Industrial Investments"
(Otkritie Group).
The amount of the transaction totaled $1.45 bln paid in Russian
rubles.
Information:
"ARKHANGELSKGEOLDOBYCHA" develops V.P. Grib diamond mine located
in Arkhangelsk region of Russia. V.P. Grib diamond field was
discovered in 1995 and has been actively developed since 2011.
Goldman Sachs acted as exclusive financial advisor to
LUKOIL.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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May 25, 2017 06:30 ET (10:30 GMT)
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