U.S. Court Sanctions Sale of PDV Holding Shares ...Middle East

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U.S. Court Sanctions Sale of PDV Holding Shares
source : Devdiscourse ( Middle East ) () 56
A decision by a U.S. judge has authorized the sale of shares in PDV Holding to an affiliate of hedge fund Elliott Investment Management. This follows the earlier approval of a $5.9 billion offer from Amber Energy, approved during a court-organized auction designed to resolve financial claims against Venezuela-linked creditors.

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