Texas businessmen vie for Sherritt control amid Helms-Burton claims in Cuba

Two Texas businessmen are competing to acquire control of Sherritt, a Canadian mining and energy firm with operations in Cuba, while negotiating with Citigroup and Office Depot as heirs to the largest Helms-Burton claims against the Cuban state. The move signals intensified U.S. legal and financial pressure on foreign companies operating in Cuba, potentially reshaping investment dynamics. Uncertainty remains over the outcome of the claims and the impact on Sherritt's Cuban assets.