Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) - Hedge fund Elliott Investment Management is weighing a bid for shares in ...
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By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) - Hedge fund Elliott Investment Management is weighing a bid for shares in ...
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by Centerview Partners aims to lure ConocoPhillips to join another offer, five people close to the matter said. Investment banker Centerview has been retained to craft a potential bid on behalf of investors and creditors pursuing Venezuela's foreign assets in federal court in Delaware to recoup claims for expropriations and debt defaults, three of the people said. The Centerview group wants oil produ...
The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from…
Officials from the United States and Venezuela met secretly this week to discuss the possibility of reforms in Venezuela before the expiry of oil sanction relief next week.
This article is part of the People’s World 100th Anniversary Series. On April 11, 2002, the capitalist class in Venezuela launched a coup against the democratically-elected President Hugo Chávez.