Elliott affiliate's $5.89 billion bid recommended as winner in Citgo parent auction
ReutersAug 30, 2025 2:45 AM
HOUSTON, Aug 29 (Reuters) - A $5.89 billion bid by an affiliate of hedge fund Elliott Investment Management has been recommended as the winner of a U.S. court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a document filed on Friday by the officer overseeing the sale process.
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