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Citgo's Fate Hangs; CMA CGM Sells Subsidiary
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Citgo Auction: No Minimum Price
Citgo's Auction Amidst Venezuela's Debt
Financial Turmoil Leads to Asset Disposi...
Citgo's Debt Extension
Grupo Coppel's $700 Million Expansion
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Venezuela faces potential loss of Citgo due to financial mismanagement, leading to a bankruptcy auction where ConocoPhillips emerges as a bidder. CMA CGM initiates sale of Bolloré's Polynesian subsidiary under regulatory pressure, agreeing to sell multiple subsidiaries to comply with authorities.
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How could CMA CGM's sale of subsidiaries affect its market positioning and future acquisitions?
How might the potential loss of Citgo impact Venezuela's economy and oil industry?
What strategies can Venezuela adopt to mitigate the risk of losing Citgo?
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