Putin gives Russian company approval to buy Aggreko's Russian assets
MOSCOW, May 26 (Reuters) - Russian President Vladimir Putin on Monday signed a decree that gave Russian company BurService permission to buy Russian assets owned by energy solutions provider Aggreko, according to a document published on the Russian government portal.
Moscow has steadily tightened restrictions on foreign asset sales since the start of the conflict in Ukraine, with any transactions involving the energy and finance sectors requiring Putin's approval.
BurService and Aggreko did not immediately respond to requests for comment. The decree did not specify the value of the deal.
BurService was formed as a result of the departure from Russia by oilfield services company Halliburton in 2022.
Halliburton (HAL.N), opens new tab in September 2022 said it had sold its Russia operations to a Russia-based management team made up of former Halliburton employees.
Halliburton no longer conducts operations in Russia and BurService is an independent company.
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Sky News
2 hours ago
- Sky News
Russian ambassador partly blames UK for Ukrainian drone attack
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Times
3 hours ago
- Times
Trump-Merz meeting: president says Russia and Ukraine are ‘children fighting'
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The Independent
3 hours ago
- The Independent
Watch live: Trump meets German leader in Oval Office
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