Exxon Mobil to sell its stake in France's Esso-February 2024-www.financetom.com

Exxon Mobil to sell its stake in France's Esso

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Exxon Mobil to sell its stake in France's Esso

May 28, 2025 12:31 AM

May 28 (Reuters) - Energy major Exxon Mobil ( XOM ) has

entered into exclusive negotiations with North Atlantic to

divest its stake in Esso, it said on Wednesday.

The sale is expected to take place in the last quarter of

this year, at a price of 149.19 euros ($168.82) per Esso share

before distributions, or 32.83 euros after distributions, Esso

said in a statement.

($1 = 0.8842 euros)

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