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US Judge Authorizes Sale of Venezuela’s CITGO to Vulture Fund Elliott (venezuelanalysis.com)

submitted 3 weeks ago by rss@news.abolish.capital to c/latam@news.abolish.capital

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Caracas, December 2, 2025 (venezuelanalysis.com) – Delaware District Judge Leonard P. Stark has approved the sale of Venezuela’s US-based refiner CITGO to Amber Energy, an affiliate of vulture fund Elliott Management, for US $5.9 billion. Stark issued a sale order Friday to close a protracted process that saw multinational corporations attempt to collect on debts...

The post US Judge Authorizes Sale of Venezuela’s CITGO to Vulture Fund Elliott appeared first on Venezuelanalysis.

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