Lionheart (CUB) Nears $400 Million Deal for Venezuela Oil Stake

Lionheart Capital is close to a $400 million deal for a stake in a Venezuelan oil field, in what would be one of the first major private investments in the...

By Maria Elena Vizcaino · Bloomberg Markets

Lionheart Capital is close to a $400 million deal for a stake in a Venezuelan oil field, in what would be one of the first major private investments in the country’s oil industry since the US began easing sanctions.