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u.s. Judge Approves Sale of Pdv Holding: Amber Energy Takes Citgo for $5.9 Billion - Miaminews24
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A federal judge of Delaware approved on Tuesday the $5.9 billion bid presented by Amber Energy, a subsidiary of Elliott Investment Management, at the auction of Citgo Petroleum’s matrix. The decision opens the way to ordering the sale of PDV Holding, a company owned by Venezuela, after eight years of litigation with international creditors. Judge Leonard Stark dismissed the pending objections and set Friday as the deadline for the delivery of a …
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