The purchase price of TGK-8 shares under the mandatory offer was RUB0.0398 per ordinary share. The acquired power industry assets will be operated by a specially created entity, Lukoil Power Generation, a 100% subsidiary of Lukoil.
Lukoil expects that the acquisitions will result in significant synergies through natural gas supplies from the company’s gas fields located in the northern Caspian and the Astrakhan region.
