Akin Advises Amber Energy in Acquisition of CITGO, now approved by U.S. District Court for the District of Delaware
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(New York and Dallas) – Akin advised Amber Energy in its proposed transaction to acquire PDV Holding, Inc., the parent of CITGO Petroleum Corporation, through a sale of shares, which was approved by Judge Leonard P. Stark of the United States District Court for the District of Delaware.
The transaction is expected to close in 2026, pending regulatory approvals and the satisfaction of other closing conditions.
For further information on the transaction, please click here.
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