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Citgo, Elliott Investment Management
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,
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.
The New York Times
3d
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
5h
CITGO Sold to Amber Energy
Company backed by activist investor Elliott Management selected by court-appointed special master to acquire iconic fuel ...
1d
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
Goff, who joined Exxon in 2021 as part of a dissident slate of directors, was on Friday identified as CEO of Amber Energy, an ...
2d
Filial de Elliott gana subasta Citgo con oferta de US$7.280 millones
Una filial de Elliott Investment Management ganó una subasta por la empresa matriz de Citgo Petroleum Corp., con una oferta de US$7.280 millones, lo que le permite adquirir una refinería de petróleo ...
2d
on MSN
Elliott wins Citgo share auction with $7 billion bid
Activist investor Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares ...
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