Carlyle Eyes Lukoil's Foreign Assets

U.S. private equity firm Carlyle is investigating the possibility of acquiring foreign assets from Russian oil company Lukoil. Currently in the preliminary stages, Carlyle may apply for a U.S. license and conduct due diligence but could still opt out of the deal.

U.S. private equity powerhouse Carlyle is considering the acquisition of foreign assets owned by Russian oil firm Lukoil, according to three industry insiders.

Currently, Carlyle is in the infancy stages of exploring this investment opportunity. The firm may apply for a U.S. license and commence the due diligence process, a source revealed.

Despite informing Lukoil of its intentions, Carlyle could still decide against the purchase, noted another source.

(With inputs from agencies.)