Elliott wins Citgo share auction with $7 billion conditional offer
WEB2 days ago — Elliott's $7.286 billion valuation of Citgo is almost identical to the highest offer received in the first bidding round, which Citgo's lawyers called disappointing.
Top Bidder for Citgo Is Elliott-Backed Group, Court Master Says
WEB2 days ago — Sept. 27, 2024, 3:38 p.m. ET. Elliott Investment Management was named on Friday as the leading contender to acquire Citgo Petroleum, the oil refining giant that has been the subject of a long ...
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid - Yahoo …
WEB2 days ago — (Bloomberg) -- 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 ...
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid
WEB2 days ago — 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 ...
Exclusive | Elliott-Led Group Named As Winner of Auction to …
WEB2 days ago — Elliott and other U.S. investors have agreed to pay nearly $7.3 billion to acquire Citgo’s parent company, with proceeds set to help compensate creditors of the bankrupt Venezuelan government.
Elliott Investment Managment Wins $7 Billion Auction for Citgo
WEB1 day ago — Elliott Investment Management has emerged as the presumptive winner in the auction for shares in PDV Holding, the parent company of Citgo Petroleum. The winning bid, valued at up to $7.286 billion ...
Elliott's Conditional Offer Selected in Citgo Share Auction Case ...
WEB2 days ago — Elliott's offer for shares in Citgo parent PDV Holding is subject to the Delaware court's resolution of claims by a group of holders of defaulted Venezuela bonds, the sources said. Their claims ...
Elliott Affiliate Wins Citgo Auction With $7.28 Billion Bid
WEB2 days ago — (Bloomberg) --An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a $7.28 billion bid, allowing it to acquire an oil refiner that was once Venezuela’s largest foreign asset.The affiliate, Amber Energy Inc., submitted the best bid for Citgo’s US parent, PDV Holding, according to Robert Pincus, the court-appointed special master who ...
Elliott wins Citgo share auction with $7 billion bid
WEB2 days ago — A U.S. District Court in Delaware is auctioning shares in Citgo parent PDV Holding to repay up to $21.3 billion in claims against Venezuela and state-oil firm PDVSA for expropriations and debt ...
Exxon Director Joins Elliott Group Seeking to Acquire Citgo …
WEB1 day ago — Elliott made billions of dollars after taking a stake in Marathon and prodding it to improve operations and hive off pieces of its business. Marathon sold its Speedway retail fuel business to 7 ...
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