Try our Advanced Search for more refined results

Deals Rumor Mill: Citgo, Permira, Alibaba

By Linda Chiem ( January 21, 2015, 5:49 PM EST) -- Amid plunging oil prices, Venezuela has called off a sale process for its U.S. oil refining unit Citgo Petroleum Corp. and has instead opted for a debt sale to raise funds for the cash-strapped country, The Wall Street Journal reported Tuesday. A planned auction for Houston-based Citgo, which is owned by Venezuela's Petroleos de Venezuela SA, was scrapped in recent days, and Citgo is now planning to raise $2.5 billion in debt instead, according to the WSJ report. Analysts had expected Citgo, which operates three U.S. oil refineries and other assets, to fetch between $8 billion and $11 billion in a sale....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!