Venezuela Rejects Citgo Sale, Files Appeal

Venezuela strongly rejects US court-approved sale of Citgos parent company, PDV Holding, to Elliott Investment Management. The Venezuelan government considers the sale fraudulent and forced, and has filed an appeal against the Delaware judges decision. Citgo is a crucial asset for Venezuela, representing a significant portion of its overseas holdings and a key part of its oil industry infrastructure.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.