Bidding war tag — on news-trading.com

Bidding war

15 days ago

Battle for Citgo Petroleum: $3.7 Billion Bid Sparks Controversy Among Creditors

A U.S. federal judge confirmed on Monday that a $3.7 billion bid from Red Tree Investments, a subsidiary of Contrarian Funds, will serve as the starting point in the auction for Citgo Petroleum, the U.S. subsidiary of Venezuela's state-owned oil company. This auction is aimed at liquidating assets to satisfy creditors and bondholders, triggering a complex legal and financial contest among 16 creditors vying for a share of Citgo's estimated value.

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Maverick

Decline in Tesla Sales in Europe: An Analytical Overview

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Blaze

Capital A Bhd Plans to Raise $200 Million through Secondary Share Placement

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Thunder

Sustainable Growth of Ferrari NV in Q1

Bidding war

William@StealthTrader

15 days ago

Battle for Citgo Petroleum: $3.7 Billion Bid Sparks Controversy Among Creditors

A U.S. federal judge confirmed on Monday that a $3.7 billion bid from Red Tree Investments, a subsidiary of Contrarian Funds, will serve as the starting point in the auction for Citgo Petroleum, the U.S. subsidiary of Venezuela's state-owned oil company. This auction is aimed at liquidating assets to satisfy creditors and bondholders, triggering a complex legal and financial contest among 16 creditors vying for a share of Citgo's estimated value.

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