TPG Angelo Gordon Among New Bidders in Auction for Citgo Assets
Investment fund TPG Angelo Gordon is among the new bidders for Citgo Petroleum Corp. 's parent company as part of a court-supervised auction designed to compensate creditors of Venezuela whose assets were seized, according to people familiar with the matter.
New York-based TPG Angelo Gordon has launched a so-called 'topping bid' for the shares of Citgo's US-based parent PVD Holding, according to the people, who asked not to be identified because they weren't authorized to speak publicly about the bid.
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New York Times
38 minutes ago
- New York Times
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Forbes
an hour ago
- Forbes
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- Yahoo
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