May 9, 2024

Interest jumps in US auction of shares in parent of Venezuela-owned Citgo

Courtesy of CITGO

Dozens of companies have rushed in recent weeks to obtain data and join a U.S. court-ordered auction of shares in a parent of Houston-based oil refiner Citgo Petroleum, Venezuela’s foreign crown jewel, according to people familiar with the matter, as a first-round bidding is set to close on Monday. By Marianna Parraga and Gary McWilliams. Full Text-> Yahoo Finance

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