US EditionTPG Angelo Gordon Among New Bidders in Auction for Citgo Assets
4 Articles
4 Articles
TPG Angelo Gordon Among New Bidders in Auction for Citgo Assets
Investment fund TPG Angelo Gordon is among the new bidders for Citgo Petroleum Corp.’s parent company as part of a court-supervised auction designed to compensate creditors of Venezuela whose assets were seized, according to people familiar with the matter.
The investment fund TPG Angelo Gordon would be among the new bidders in the auction for the shares of Citgo Petroleum, in the United States. People familiar with the topic told Bloomberg that the global investment manager would have launched a “punishment offer” for the shares of Citgo Petroleum. It should be noted that [...] The entry Bloomberg: TPG Gordon would be among the new bidders in the auction for shares of Citgo was first published in …
Congresswoman of Florida asks Rubio to stop the auction of Citgo assets
(Bloomberg) – The American representative Maria Elvira Salazar is pressing on the Trump government to block the forced sale of the largest foreign asset of Venezuela, warn that the move could undermine the efforts to rebuild the nation when President Nicolas Maduro finally ends. In the middle of the dispute is Citgo Petroleum Corp., a […]
Salazar Urges Trump to Preserve Venezuelan Opposition's Control of CITGO
Representative Maria Elvira-Salazar (R-FL) recently wrote to President Donald Trump’s administration requesting they block the proposed sale of the Venezuelan democratic opposition's control over oil company CITGO. CITGO is a US-based oil refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals, and other industrial products. PDVSA, a state-owned oil company of the Venezuelan government, is CITGO’s parent company.…
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