Tag:

Citgo Parent

Citgo parent auction enters final stage as sale hearing begins

A long-awaited sale hearing to finalize the U.S. court-organized auction of PDV Holding, parent of Venezuela-owned Citgo Petroleum, kicked off on Monday in Delaware, with bidders and creditors battling over the future of the refiner.

15 Sep 2025-14:20
Elliott affiliate ups bid for Citgo parent to $8.82 billion as auction intensifies

An affiliate of Elliott Investment Management has raised its bid for PDV Holding, the Venezuela-owned parent of U.S. refiner Citgo Petroleum, to $8.82 billion, according to a court filing on the ongoing Delaware-led auction.

13 Aug 2025-17:36