Vitol Group Submits Bid Surpassing $10b for Citgo Parent: Rtrs

A Vitol-led group submitted a bid exceeding $10b in a court-organized auction of shares in the parent of Citgo Petroleum, Reuters reports, citing two unidentified people with knowledge of the offer.

• Vitol did not immediately reply to a request for comment from Reuters
• NOTE: Citgo Auction Adviser Is Said to Recommend Gold Reserve Bid

To contact the reporter on this story:
Rocio Fabbro in New York at rfabbro1@bloomberg.net

To contact the editors responsible for this story:
Max Zimmerman at mzimmerman90@bloomberg.net

Brandon Sapienza

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