Goldman Sachs Secures Deal to Sell Russian Stocks

In a significant move, Russian President Vladimir Putin has officially permitted Goldman Sachs Group Inc. to sell a portion of its Russian equities. This decision, as outlined in a recent decree, marks a pivotal moment in the financial relations between international investors and Russian corporations.

Key Players in the Transaction

The decree specifies that Balchug Capital will be the entity purchasing shares from Goldman Sachs. This transaction involves a diverse portfolio of Russian companies, highlighting the ongoing adjustments in global investment strategies amidst current geopolitical climates.

List of Russian Companies Involved

The roster of Russian businesses included in this deal features some of the country's most prominent names: JSC Inter RAO UES, PJSC Gazprom, PJSC Rosneft Oil Company, Surgutneftegaz, Novatek PJSC, Novolipetsk Steel (NLMK), PJSC Rostelecom, PJSC Tatneft, and PJSC Lukoil Oil Company. This selection underscores the breadth of industries affected, from energy to telecommunications.