Carso agrees to purchase 100% of Lukoil subsidiary for 270 million dollars • Business • Forbes México

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The Grupo Carso conglomerate, controlled by Carlos Slim, reported on Monday the purchase of a Lukoil subsidiary in the country to obtain full control of the Ichalkil and Pokoch oil fields, in the southeast of the national territory.

According to the agreement, Grupo Carso will acquire 100% of Fieldwood México, a Lukoil subsidiary, for $270 million, in addition to settling $330 million of Fieldwood’s debt with its parent company, Carso said in a statement.

Read: Slim’s Grupo Carso reviews feasibility of deepwater gas project

With information from Reuters

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