Elliott affiliate wins Citgo share auction with $7 billion conditional offer
A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was accepted by a U.S. court officer overseeing an auction that could decide the future control of the Venezuela-owned oil refiner,
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid
An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil refiner that was once Venezuela’s largest foreign asset.
The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the ...
Company backed by activist investor Elliott Management selected by court-appointed special master to acquire iconic fuel ...
A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was selected by a ...
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