The back-and-forth regarding the CITGO auction continues as Black Lion Capital Advisors responds to objections raised by Gold Reserve and Red Tree/Albemarle, deeming them improper. The objections focus on the valuation and the bidding process… Black Lion Capital Accuses Judicial Impropriety in CITGO Auction Disqualification
The CITGO auction continuously makes headlines, particularly with the detailed evaluation of Black Lion Capital‘s offer to acquire 100% of the shares of CITGO owned by PDV Holding (PDVH), highlighted by Albemarle Capital, which warns… Albemarle Capital Accuses Black Lion of Undervaluing CITGO Amid Controversial Auction
A new bid has emerged in the CITGO auction as Black Lion Capital Advisors formally presents its binding and irrevocable offer to acquire 100% of the shares of CITGO Petroleum Corporation for USD 8 billion… Black Lion Capital Advisors Makes Controversial Bid of USD 8 Billion for CITGO Amidst Ongoing Legal Battles