Evercore Group L.L.C. expressed its disapproval of the proposal to suspend the CITGO auction, countering alternative valuations of the Venezuelan refinery and showing support for the special expert, Robert B. Pincus, while assuring that he… Evercore Defends Controversial CITGO Auction Amidst Disputed Valuations and Venezuela’s Legal Pressure
The CITGO auction data should be made public, according to the parties from Venezuela—PDV Holding Inc. (PDVH) and CITGO Petroleum Corporation—which argue that information should only be kept sealed when there is a compelling justification… CITGO Auction Under Fire for Lack of Transparency as Venezuelan Stakeholders Demand Public Disclosure
The CITGO auction process continues to spark controversy, not just due to the complicated nature of the sale but also the political implications and the performance of its key figures, including Robert B. Pincus, the… CITGO Auction Clouded by Robert B. Pincus’s Overbilling, Lack of Transparency, and Conflicts of Interest
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