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Exclusive-Venezuela’s Rodriguez readies Citgo board takeover, sources say
| USA | economy | ✓ Verified - investing.com

Exclusive-Venezuela’s Rodriguez readies Citgo board takeover, sources say

#Venezuela #Citgo #Tareck El Aissami #board takeover #oil #US sanctions #foreign assets

📌 Key Takeaways

  • Venezuela's oil minister Tareck El Aissami is preparing to take control of Citgo's board of directors.
  • The move is part of a broader effort by the Venezuelan government to assert control over its foreign assets.
  • The takeover is expected to be carried out through a shareholder vote.
  • The move could have significant implications for Citgo's operations and its relationship with the US government.

🏷️ Themes

Venezuela, Oil, Corporate takeover

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Source

investing.com

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