A court-ordered auction of the shares of the parent company of Venezuela-owned U.S. oil refiner Citgo Petroleum has attracted dozens of companies interested in the data and the auction process, sources with knowledge of the matter told Reuters on Monday. “There are multiple pockets of capital” looking at Citgo’s parent company PDV Holding and its assets, one of the sources told Reuters.
The sale process was launched by a Delaware court in October 2023. As the bidding round is drawing to a close, dozens of energy firms…Dozens of Firms Interested in US Auction of Citgo’s Parent Company
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