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Sale of PDV Holding, Inc. (CITGO Parent Company)

Sector: Oil and Gas • Location: Delaware, United States

Source: The Globe and Mail

Project
Planned

The project involves the sale process of the shares of PDV Holding, Inc., the indirect parent company of CITGO Petroleum Corp. The sale process is overseen by the U.S. District Court for the District of Delaware, with a Sale Hearing scheduled to consider the Final Recommended Bid and any objections. Gold Reserve Ltd.'s subsidiary, Dalinar Energy Corporation, has submitted a topping bid to be selec

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The project “Sale of PDV Holding, Inc. (CITGO Parent Company)” is an infrastructure initiative in the Oil and Gas sector, located in Delaware, United States. Taiyo aggregates data on it from The Globe and Mail.

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Participants

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Status

Original status

planned

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Description

Description

The project involves the sale process of the shares of PDV Holding, Inc., the indirect parent company of CITGO Petroleum Corp. The sale process is overseen by the U.S. District Court for the District of Delaware, with a Sale Hearing scheduled to consider the Final Recommended Bid and any objections. Gold Reserve Ltd.'s subsidiary, Dalinar Energy Corporation, has submitted a topping bid to be selected as the final bidder.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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