News(1) Lisbon, Portugal, September 29, 2024 (venezuelanalysis.com) – US corporation Elliott Investment Management has been picked as the winning bidder in a court-mandated auction of Venezuela’s US-based refiner CITGO.
Legal filings showed that court-appointed “Special Master” Eric B. Pincus chose Elliot’s US $7.286 billion bid for the entirety of PDV Holding (PDVH), CITGO’s parent company. The proposal reportedly comes from the company’s affiliate Amber Energy.