CITGO: US judge to decide on starting bid in Citgo parent auction following hearing
A U.S. court is expected to confirm or reject in coming days a $3.7 billion offer by a Contrarian Funds affiliate aimed at setting a floor for a new bidding round for shares in the parent of Venezuela-owned refiner Citgo Petroleum.
Read full article »
CITGO is a Texas-based petroleum refining company that distributes and markets transportation fuels, petrochemicals, solvents, and lubricants for the commercial market.
Read more