BUZZ-France's Esso shares climb as North Atlantic finalises ExxonMobil stake purchase

Reuters
6 hours ago
BUZZ-France's Esso shares climb as <a href="https://laohu8.com/S/NAAC">North Atlantic</a> finalises ExxonMobil stake purchase

** Shares in ExxonMobil's XOM.N French subsidiary Esso ESSF.PA jumped 18% after North Atlantic announced the final pricing of its contemplated acquisition of ExxonMobil's stake in the group

** On Tuesday North Atlantic announced the final purchase price for the acquisition of ExxonMobil's stake in Esso, at 26.19 euro ($30.54) per share

** The price North Atlantic would pay to minority shareholders of Esso as part of the tender offer would be 28.93 euro per share

** The transaction is expected to close on November 28 this year, North Atlantic said

** Share on track for a best day since March 21, if gains hold

($1 = 0.8575 euros)

(Reporting by Alban Kacher)

((alban.kacher@thomsonreuters.com; +48 58 769 65 87))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10