Citgo's Wild Ride: Billion-Dollar Bids and Legal Battles
Update: 2025-09-19
Description
Citgo, Venezuela's US-based oil giant, is about to be sold in a court-ordered auction to pay off creditors burned by Hugo Chavez, but the bidding war is full of surprises! Forget ExxonMobil, the finalists include a hedge fund, a Canadian gold miner, and a biotech investor with big dreams. With billions at stake, tangled ownership, and political intrigue, who will win control of Citgo's vast network of refineries and gas stations, and can they navigate the legal minefield to close the deal?
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