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ESG Newsletter

    Morgan Stanley Locked In Secret London Court Battle To Seize Russian Oil Firm

    23-Oct-2023 9:28:39 AM

    2023-10-18

    City AM:The Wall Street Bank is looking to take a majority stake in Cypriot-registered Russian drilling firm, Southern Oil Company (UNK), after UNK’s parent firm, Astrakhan Oil Corporation (AOC), which is also registered in Cyprus, fell behind on payments for a $73m loan. 

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    Topics:North America

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