25-06-2025
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.