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VisitWill the auction process for Citgo's parent company face further delays by November 30, 2024?
Yes • 50%
No • 50%
Official court documents or news reports
Elliott Investment Leads Bid for Citgo Parent Company in US Auction
Aug 24, 2024, 12:40 PM
Elliott Investment is currently the leading bidder in a US court-ordered auction for the parent company of Venezuelan-owned refiner Citgo Petroleum. The auction process has faced delays, with a US court officer requesting a new extension to select the winner. This auction follows the US court's decision to sell Citgo's parent company to satisfy claims against Venezuela.
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No Delay • 25%
1-2 weeks • 25%
3-4 weeks • 25%
More than 4 weeks • 25%
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Vitol Group • 25%
Gold Reserve • 25%
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No Winner Selected • 25%
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Less than $7 billion • 25%
$7 billion to $7.28 billion • 25%
$7.28 billion to $7.5 billion • 25%
More than $7.5 billion • 25%
Elliott Investment Management • 25%
Venezuela bondholders • 25%
Other creditors • 25%
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Below $5 billion • 25%
$5 billion to $10 billion • 25%
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Auction is canceled • 25%
Other US-based firm • 25%
Non-US based firm • 25%
Elliott Investment • 25%