EU Greenlights Hedge Fund's $5.89B Bid For Control Of Citgo
By Yun Park ( January 15, 2026, 5:56 PM EST) -- The European Commission has announced its approval of a $5.89 billion bid by hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and settle billions of dollars of debt owed by Venezuela and its state-owned oil company....
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