Legal developments prompt a shift in the timeline. ... The post Citgo auction deadline extended until June 2 as legal uncertainty clouds bidding landscape appeared first on Invezz.

A U.S. federal judge has extended to at least June 2 a period for bidders to submit rival bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum ...

Exclusive: Complex bids could extend Citgo auction evaluation, sources say. By Marianna Parraga and Gary Mcwilliams. June 26, 2024 5:19 PM UTC Updated June 26, 2024 General view of ...

Auction For Citgo Assets To Begin This Week By Charles Kennedy - Oct 23, 2023, 1:06 AM CDT. Later today, a Texas judge is set to launch an auction for the assets of Citgo—the U.S.-based ...

Venezuelan debts mount against Citgo as auction nears, clouding the Houston refiner’s future. By Amanda Drane, Staff writer Updated Nov 22, 2023 5:16 p.m.

Citgo Petroleum [PDVSAC.UL], the Venezuela-owned oil refiner, is set to open a data room in coming days to provide operational and financial information to bidders under a court-ordered auction ...

A second attempt to hold an auction that could determine control of Citgo is moving forward after a federal judge on Monday approved the designation of a $3.699 billion offer as the stalking horse ...

New creditors’ battle emerges in Citgo auction reboot. View all comments (0) 0. Latest comments. Post. Comment Guidelines. Trade With A Regulated Broker. Indices. Commodities. Bonds. Stocks. US 30 .

To compare, Citgo is valued at between $11 billion and $13 billion. If the second-round bids do not come close to about $10 billion, Venezuela could seek a third bidding round, two sources told ...