BRIEF-ExxonMobil In Negotiations With North Atlantic To Sell Its Stake in Esso

Reuters
28 May
BRIEF-ExxonMobil In Negotiations With North Atlantic To Sell Its Stake in Esso

May 28 (Reuters) - Esso Societe Anonyme Francaise SA ESSF.PA:

  • EXXONMOBIL ENTERS EXCLUSIVE NEGOTIATIONS TO SELL STAKE IN ESSO S.A.F.

  • EXXONMOBIL TO SELL 82.89% STAKE IN ESSO S.A.F. TO NORTH ATLANTIC

  • ACQUISITION EXPECTED TO COMPLETE IN LAST QUARTER OF 2025

  • ACQUISITION PRICE SET AT €149.19 PER ESSO S.A.F. SHARE

  • DEAL SUBJECT TO EMPLOYEE REPRESENTATIVE BODIES APPROVAL

  • EXXONMOBIL TO SELL STAKE IN EXXONMOBIL CHEMICAL FRANCE SAS TO NORTH ATLANTIC

  • EXXONMOBIL TO ENSURE ADDITIONAL DISTRIBUTION OF UP TO €63.36 PER SHARE

Source text: ID:nGNE6Kh7y1

Further company coverage: ESSF.PA

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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