Contrarian Funds' subsidiary recommended as start bidder in auction of Citgo's parent-February 2024-www.financetom.com

Contrarian Funds' subsidiary recommended as start bidder in auction of Citgo's parent

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Contrarian Funds' subsidiary recommended as start bidder in auction of Citgo's parent

Mar 21, 2025 2:19 PM

HOUSTON, March 21 (Reuters) - A U.S. court officer

overseeing an auction of shares in the parent of Venezuela-owned

refiner Citgo Petroleum has selected Contrarian

Funds' affiliate Red Tree Investment as a "stalking horse

bidder," which will set a floor for a new bidding round this

year, according to a court filing on Friday.

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