Latest news with #BlackLionCitgoGroup
Bloomberg
25-06-2025
- Business
- Bloomberg
Black Lion Group Joins Auction for Citgo With $8 Billion Bid
A consortium of investors named Black Lion Citgo Group LLC is bidding $8 billion for Citgo Petroleum Corp. in the court-ordered auction of its parent company PDV Holding. The group includes Dubai-based Quazar Investment, Fortress Management LLC and Anex Management Ltd. of Mauritius, an island nation in the Indian Ocean.
Yahoo
25-06-2025
- Business
- Yahoo
Black Lion submits $8 billion cash bid for Citgo's parent, filing says
HOUSTON (Reuters) -Black Lion Citgo Group, an affiliate of private equity firm Black Lion Capital Advisors, submitted a $8-billion all-cash bid for the parent of Venezuela-owned refiner Citgo Petroleum as part of a court-organized auction of shares, the company said in a court filing released on Wednesday. Sign in to access your portfolio
Reuters
25-06-2025
- Business
- Reuters
Black Lion submits $8 billion cash bid for Citgo's parent, filing says
HOUSTON, June 25 (Reuters) - Black Lion Citgo Group, an affiliate of private equity firm Black Lion Capital Advisors, submitted a $8-billion all-cash bid for the parent of Venezuela-owned refiner Citgo Petroleum as part of a court-organized auction of shares, the company said in a court filing released on Wednesday.
