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.
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,
The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the ...
A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was accepted by a ...
Goff, who joined Exxon in 2021 as part of a dissident slate of directors, was on Friday identified as CEO of Amber Energy, an ...
Elliott Investment Management's conditional offer for shares in Citgo Petroleum's parent has been accepted by a U.S. court officer. The auction, overseen by a U.S. District Court in Delaware, aims to ...
The Friday update from court-appointed Special Master Robert Pincus comes as the auction process is nearing an end. Pincus is expected to announce as early as Friday, which company he has selected as ...
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