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 ...
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 ...
Gregory Goff, Exxon Mobil's board director, recently joined a newly-formed company backed by Elliott Investment Management that ...
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 ...
Elliott Investment Management's conditional offer for Citgo Petroleum shares has been accepted by a U.S. court officer. The auction, which determines future ownership, is complicated by claims from ...
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