Elliott affiliate wins Citgo share auction with $7 billion conditional ...
WEB6 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...
Elliott wins Citgo share auction with $7 billion conditional offer
WEB6 days ago · HOUSTON (Reuters) -Activist investor 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...
Elliott Investment Managment Wins $7 Billion Auction for Citgo …
WEB6 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 ...
Top Bidder for Citgo Is Elliott-Backed Group, Court Master Says
WEB6 days ago · A firm backed by 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 legal...
Exxon Director Joins Elliott Group Seeking to Acquire Citgo …
WEB6 days 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 ...
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid - Yahoo …
WEB6 days ago · Fri, Sep 27, 2024, 5:00 PM 3 min read. (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 ...
Citgo share auction creditors oppose terms of Elliott-affiliate's bid
WEB2 days ago · An Elliott Investment Management affiliate on Friday was named the presumptive winner of the share auction with a bid that puts an up to $7.286 billion enterprise value on Venezuela-owned oil ...
Exclusive | Elliott-Led Group Named As Winner of Auction to …
WEBSep 27, 2024 · 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
WEB6 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 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 ...
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