Contrarian Funds Offers PDV Shares
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Business & Economics
Contrarian Funds' $3.7 billion offer recommended as starting bid in Citgo parent auction

79% Informative
A U.S. court officer overseeing an auction of shares in Venezuela -owned refiner Citgo Petroleum recommends a $3.7 billion offer.
A federal court in Delaware is auctioning shares in Citgo 's parent PDV Holding to pay up to $21.3 billion to 18 creditors.
Venezuela 's President Nicolas Maduro has called the auction a "robbery" of Venezuela 's assets in the United States .
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