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CITGO Auction Controversy: Judicial Expert Recommends Red Tree Investments as Main Bidder Despite Low Offer, Provoking Investor Protests

CITGO Auction Controversy: Judicial Expert Recommends Red Tree Investments as Main Bidder Despite Low Offer, Provoking Investor Protests

The judicial expert assigned by the Delaware Court to oversee the CITGO auction, Robert B. Pincus, recommended Red Tree Investments as the primary bidder for the purchase of PDV Holding, despite its lowball offer, which… CITGO Auction Controversy: Judicial Expert Recommends Red Tree Investments as Main Bidder Despite Low Offer, Provoking Investor Protests

Colombia's Supersociedades Rejects Monómeros Sale to Nitrofert Asset Management Over Employment Concerns

Colombia’s Supersociedades Rejects Monómeros Sale to Nitrofert Asset Management Over Employment Concerns

The Superintendence of Companies of Colombia, Supersociedades, did not authorize the sale of Monómeros Colombo Venezolanos S.A. to Nitrofert Asset Management S.A.S., considering that the contract does not guarantee “the preservation of the Company as… Colombia’s Supersociedades Rejects Monómeros Sale to Nitrofert Asset Management Over Employment Concerns