Elliott-Linked Firm Makes Best Bid for Citgo ...Middle East

A company affiliated with hedge fund Elliott Management has emerged as the frontrunner in the bidding for the parent company of U.S.-based Citgo, the Venezuelan refiner that has been locked in disputes for years now. Amber Energy has made a better bid than the previous frontrunner, a consortium led by mining company Gold Reserve, Reuters reported, citing court documents. Now, the consortium must improve its bid to match Amber Energy’s or lose its chance of acquiring PDV Holding. The Gold Reserve-led bid amounted to $7.4 billion in total.…

Hence then, the article about elliott linked firm makes best bid for citgo was published today ( Tuesday 26/08/2025 - 08:57 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Elliott-Linked Firm Makes Best Bid for Citgo )

Also on site :

• Advanced Coatings and Functional Chemicals Market to Reach USD 485.40 Billion by 2033 Amid Sustainability and High-Performance Demand Strategic Revenue Insights (SRI)
• Supreme Court makes ruling on Boy Scouts sex abuse $2.46 billion settlement
• BioLife Solutions Announces Preliminary Fourth Quarter and Full Year 2025 Unaudited Revenue from Continuing Operations