Black Lion submits $8 billion cash bid for Citgo's parent, filing says-March 2024-www.financetom.com

Black Lion submits $8 billion cash bid for Citgo's parent, filing says

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Black Lion submits $8 billion cash bid for Citgo's parent, filing says

Jun 25, 2025 7:39 AM

HOUSTON, June 25 (Reuters) - Black Lion Citgo Group, an

affiliate of private equity firm Black Lion Capital Advisors,

submitted a $8-billion all-cash bid for the parent of

Venezuela-owned refiner Citgo Petroleum as part of a

court-organized auction of shares, the company said in a court

filing released on Wednesday.

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