Black Lion submits $8 billion cash bid for Citgo's parent

Black Lion submits $8 billion cash bid for Citgo's parent

HOUSTON, June 25 (Reuters) - Black Lion Citgo Group, a consortium led by private equity firm Black Lion Capital Advisors, submitted an $8 billion all-cash bid for the parent of Venezuela-owned U.S. refiner Citgo Petroleum as part of a...

https://www.reuters.com/business/energy/black-lion-submits-8-billion-cash-bid-citgos-parent-filing-says-2025-06-25/