Elliott affiliate wins Citgo share auction with $7 billion conditional ...
WEB4 days ago · An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil refiner Citgo Petroleum with a bid that puts an up to ...
Elliott wins Citgo share auction with $7 billion conditional offer
WEB4 days ago · HOUSTON (Reuters) -An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil refiner Citgo Petroleum with a bid ...
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid - Yahoo …
WEB3 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 Investment Managment Wins $7 Billion Auction for Citgo
WEB3 days 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 Affiliate Wins Citgo Auction With $7.3 Billion Bid
WEB3 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 refiner that was once Venezuela’s largest foreign asset. Fuel prices at a Citgo gas station in Royal Oak, Michigan, US, on Thursday, Sept. 19, 2024.
Elliott's conditional offer selected in Citgo share auction ... - MSN
WEBBy Marianna Parraga and Gary McWilliams. HOUSTON (Reuters) -A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was accepted by a U.S. court ...
Exclusive | Elliott-Led Group Named As Winner of Auction to …
WEB4 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.
Citgo Auction Official Ends Bondholder Talks, May Name Top …
WEB4 days ago · PDVSA had used its majority stake in Citgo as collateral on the bonds, but then defaulted on a $915 million payment in 2019. The bondholders are pursuing their claims in a separate court case.
Elliott's conditional offer selected in Citgo share auction case
WEBElliott'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 Leads Bidding for Citgo, US Refiner Owned by Venezuela
WEBAug 24, 2024 · Elliott Investment Management is the leading bidder in a US court-ordered auction of the parent company of Venezuelan-owned refiner Citgo Petroleum Corp., according to people with knowledge...
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