⚖️ U.S. Court Reschedules Citgo Auction Following Elliott’s $8.82 Billion Bid
Wilmington, Delaware — August 15, 2025A federal court in Delaware has rescheduled the long-awaited auction of Citgo Petroleum, the U.S.-based refining arm held by Venezuela, after a last-minute bid from a unit of activist investor Elliott Investment Management reshaped the competitive landscape. The $8.82 billion offer surpasses a prior $8.45 billion proposal from global energy […]
Continue Reading