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Elliott affiliate wins Citgo share auction with $7 billion conditional offer

Monday, September 30, 2024   (0 Comments)
Posted by: Annie Nguyen

Elliott affiliate wins Citgo share auction with $7 billion conditional offer

Reuters

By Marianna Parraga and Gary Mcwilliams

September 27, 20248:54 PM CDTUpdated 3 days ago

 

HOUSTON, Sept 27 (Reuters) - An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil refiner Citgo Petroleum with a bid that puts an up to $7.286 billion enterprise value on...

 

https://www.reuters.com/business/elliotts-conditional-offer-selected-citgo-share-auction-case-sources-say-2024-09-27/

 


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