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Citgo, elliott investment management
Citgo share auction creditors oppose terms of Elliott-affiliate's bid
Creditors seeking proceeds from a U.S. court-ordered auction of shares in a parent of Citgo Petroleum to compensate them for Venezuela's debt defaults and expropriations on Tuesday widely criticized terms of a conditional offer selected in the second bidding round.
Elliott-Led Group Named As Winner of Auction to Acquire Venezuela’s Citgo Petroleum
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 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,
Amber Energy Named Winning Bidder for CITGO
A special master selected the company, which plans to focus on operational improvements, strategic growth efforts and more.
11h
on MSN
A firm known for big corporate shakeups is behind a bid to buy Citgo. Here’s what it means for Houston
Several hundred employees at Citgo Petroleum’s Houston headquarters can be sure of only one thing as an affiliate of a ...
Lake Charles American Press
20m
Top bidder for Citgo is Amber Energy
Amber Energy has been selected as the court-approved bidder for Citgo. “The transaction is expected to close in mid-2025,” ...
1d
on MSN
Exxon board member joins Elliott group seeking to acquire refiner Citgo
Exxon Mobil (NYSE:XOM) board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed ...
The New York Times
4d
Top Bidder for Citgo Is Elliott-Backed Group, Court Master Says
The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the ...
Convenience Store News
1d
CITGO Sold to Amber Energy
Company backed by activist investor Elliott Management selected by court-appointed special master to acquire iconic fuel ...
1d
Reward for information: Suspects at large in gas station shooting at Leesburg Citgo
LEESBURG — Leesburg Police officers responded to a shooting at the Citgo gas station, 2101 W. Main St., about 2:40 p.m. on ...
abc13
1d
CITGO Distinguished Scholars: Spirit | Roy
Meet the Citgo Distinguished Scholars! These recipients were selected for their efforts in the Spirit category.
4d
US court overseeing Citgo share auction ends talks with Venezuela bondholders, filing shows
A U.S. court officer overseeing an auction of shares in a Citgo Petroleum (PDVSAC.UL) parent disclosed on Friday he has ended ...
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