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US Judge Resets Bidding for Oil Refiner Citgo, Creating Competition for Elliott

Markets

Jef Feeley, Nicolle Yapur, Andreina Itriago Acosta

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January 1, 2025

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Bloomberg

A US judge reset the bidding process for the parent company of Citgo Petroleum Corp. late Tuesday, a move that is poised to create competition for Elliott Investment Management’s pursuit of the oil refiner.

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