Gunvor Group Ltd proposed to acquire LUKOIL International GmbH from PJSC LUKOIL for estimated $3.0 billion.
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Gunvor Group Ltd has proposed to acquire LUKOIL International GmbH from PJSC LUKOIL for an estimated $3.0 billion, as reported on October 30, 2025. The valuation is based on industry speculation. The deal requires approval from U.S. authorities, including the Office of Foreign Assets Control, and the companies will seek extensions of existing licenses and additional permits to ensure operations until the transaction is finalized.
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