BRIEF-ExxonMobil In Negotiations With North Atlantic To Sell Its Stake in Esso-February 2024-www.financetom.com

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

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

May 28, 2025 12:32 AM

May 28 (Reuters) - Esso Societe Anonyme Francaise SA

* 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

NORTH ATLANTIC

* EXXONMOBIL TO ENSURE ADDITIONAL DISTRIBUTION OF UP TO

€63.36 PER

Source text:

Further company coverage:

(Gdansk Newsroom)

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