Cost-Cutting vs Status Quo: Bidders Envision Starkly Different Futures for Citgo, Sources Say

By Marianna Parraga and Arathy Somasekhar Hearing next week to help judge decide the auction’s winner If bid confirmed, Amber would advance streamlining plan Dalinar, still fighting for a shot, would take advantage of Citgo’s strengths HOUSTON, Oct 16 (Reuters) – An affiliate of Elliott Investment Management wants to cut costs at Venezuela-owned Citgo Petroleum … Read more