a U.S. subsidiary of PDVSA and the parent of Houston-based Citgo, following the creditors' rejection of a higher winning offer of about $7.3 billion last year by an affiliate of hedge fund Elliott ...

Citgo, the U.S. seventh-largest refiner, also saw profit plummet last year by nearly $2 billion to $305 million. The Red Tree $3.7 billion bid was selected because it includes a payment provision ...

submitted a $7.1 billion fully financed bid to acquire PDV Holding Inc., the parent of CITGO Petroleum. Despite being the highest bid by over 91%, the U.S. District Court’s Special Master ...

Stark of the U.S. District Court in Wilmington, Delaware, ruled last year that bidders for Citgo had to take on the risk of those claims, the WSJ said. By March 7, Pincus had received four bids ...

HOUSTON (Reuters) – A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum is recommending a judge choose a $3.7 billion offer by an affiliate of ...

HOUSTON (Reuters) -A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum is recommending a judge choose a $3.7 billion offer by an affiliate ...

Eleven Barrack is banking on this last truth, competing with similar, steak-centric joints in the CBD, such as The International, Rockpool, Clam Bar and The Gidley. It has elements of those that ...