Bondholders, bidders ready objections to Gold Reserve group's Citgo bid
ReutersJul 7, 2025 4:09 PM
HOUSTON, July 7 (Reuters) - Lawyers representing holders of a defaulted Venezuelan bond and some bidders that participated in a court-organized auction of shares in the parent of refiner Citgo Petroleum are getting ready to object to the recommendation of a $7.4 billion offer by a group led by a unit of Gold Reserve GRZ.V as winner of the auction, three sources close to the preparations said.
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