Gold Reserve Faces Objections over Citgo Bid
3 Articles
3 Articles
Executives of the Canadian mining company Gold Reserve indicated that they are "very comfortable" with the performance of the management of Citgo Petroleum, which means that the main directors of the refinery could remain in their positions, if they approve the offer made by the subsidiary of Petróleos de Venezuela S.A. (PDVSA). Paul Rivett, Executive Vice President [...] La entrada Reuters: Executives of Gold Reserve are satisfied with the perf…
Gold reserve $7.4B bid picked as preliminary winner of auction for Venezuela’s CITGO - Caribbean News Global
The “special master” chose the Canadian miner’s bid as the highest that met the court’s requirements. By Ricardo Vaz CARACAS, (venezuelanalysis.com) – A Delaware court official has recommended a final offer in the ongoing auction of Venezuela’s US-based refiner CITGO that could mark the end of a years-long process and the loss of the country’s most important foreign asset. On Thursday, court-appointed “Special Master” Robert Pincus chose a US $7…
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